Nordic front forward prices are rising sharply on Monday morning on the back of drier weather forecasts and a stronger system price than expected.
The Week 39 contract last traded at EUR 32.00/MWh at Nasdaq OMX, up EUR 7.00 from Friday, while the Q4 11 contract last changed hands at EUR 46.85/MWh, up EUR 3.50. "The market has reacted on drier weather at the end of the forecast. In addition, the uncertainty regarding the nuclear reactor Ringhals 3 (1,048 MW) has added to the price rise. Monday's spot also turned out a bit stronger t
Montag, 19.09.2011, 11:14 Uhr
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