A change to wetter and milder weather forecasts over the weekend has caused prices to fall in the front end of the Nordic power curve on Monday.
The Q2 11 contract was last seen trading at EUR 54.30/MWh, down EUR 1.85 day on day, while March was down EUR 2.40 at EUR 63.60/MWh. "The price fall has clearly been triggered by the weather, which shows that it will not be as cold as some forecasts indicated last week. The forecasts are also wetter and today it seems like the market doesn't believe in any supply problems before the spring,
Montag, 28.02.2011, 10:39 Uhr
Redaktion
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