Nordic forward prices are falling on Friday morning due to wetter weather forecasts.
The Q4 11 contract last traded at EUR 50.45/MWh at Nasdaq OMX, down EUR 1.00 from Thursday.
"It is the change in the weather forecasts pulling the market down. The forecasts are a good deal wetter than yesterday,” Rune Jørgensen, trader at Norwegian utility Helgelandskraft said.
"The price fall was as expected, both due to the wetter forecasts and the strong closur
Freitag, 2.09.2011, 14:41 Uhr
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