Wet weather forecasts are pushing down forward prices on Friday morning.
The Q4 11 contract has fallen 60 cents and was last seen at EUR 49.50/MWh. Prices fell as a result of wet forecasts and a lack of active buyers in the market, players said. The EC 00 weather forecast on Friday predicts 12.8 TWh of precipitation the next 10 days, which compares to a seasonal normal of 6.1 TWh. Other forecasts show 9-12.7 TWh.
The price will stay aroun
Freitag, 15.07.2011, 11:26 Uhr
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