Nordic power opened slightly up on Friday before dropping back on a very wet EC 00 forecast.
The Q4 10 contract was last seen at EUR 45.00/MWh, up 13 cents from Thursday but down from an intraday high of EUR 45.35/MWh. "The EC 12 forecast was a bit drier than the previous forecast, which along with a stronger CO2 market caused prices to rise at the opening. But then we had a very wet EC 00 model which changed the picture,” said a Finnish trader.
The EC 00 mod
Freitag, 30.07.2010, 10:51 Uhr
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