Nordic forwards are heading sharply up Monday morning as an area of high pressure is establishing over Scandinavia. The Q4-08 contract is up almost four euros from Friday.
Heavy downpours in southern parts of Norway and Sweden caused a rise in unregulated hydropower production and low spot prices last night, but the picture is soon about to change as the forecasting models agree on very dry weather over the coming 10-day period."It looks as if we will enter a dry period, and if today's forecasts are proven correct the hydro balance could tip over to n
Montag, 21.07.2008, 10:45 Uhr
Redaktion
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