The front year Nordic power contract is slightly up on Friday morning due to stronger CO2 and German power prices, traders said.
The contract last traded at EUR 43.50, up EUR 0.20. "With stronger CO2, German power, and coal prices the 2011 contract can only go one way at the moment,” said a Norwegian trader. The Q4 contract, however, was unchanged from Thursday at EUR 46.95/MWh on Nord Pool. "The signals are a bit mixed. The weather forecasts still shows a lot of precipitation despite that the actual d
Freitag, 20.08.2010, 12:11 Uhr
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