Nordic front forward prices are falling back from opening highs on Wednesday as the latest weather forecasts remain wet, but the prolonged outage of Ringhals 2 (865 MW) limits the fall, players said.
The bellwether Q3 11 contract last traded at EUR 53.73/MWh at Nasdaq OMX, up 28 cents from Tuesday. The contract opened at EUR 53.85/MWh.
"There was an indication of drier weather after the 10-day period in the forecast last night, but the newer forecasts still show wet and mild weather. The market has adjusted down in line with the wetter forecasts,” Rolf-Helge Sørensen, trad
Mittwoch, 25.05.2011, 10:40 Uhr
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