After opening up, Nordic power prices turned down during the morning hours, under influence from unseasonably mild and wet weather.
The benchmark Q2-07 contract peaked at EUR 50.50/MWh this morning, but was last seen at 49.95, down 10 cents from yesterday when the contract gained 1.30."Yesterday's gain was mainly an adjustment to the very strong fuel markets. But the fundamental situation remains bearish in the Nordic market. It is very wet, and not least mild," said a Norwegian trader.Although slightly d
Mittwoch, 9.01.2008, 11:00 Uhr
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