Nordic forward prices are strengthening on Wednesday morning on the back of stronger oil prices and dry weather forecasts, players said.
The Q2 09 contract last traded at EUR 38.15/MWh at Nord Pool, up EUR 1.35 from Tuesday.
"It is a reaction to the dry and colder weather forecasts,” said a Norway-based analyst, adding there was currently no indication of a change to the dry weather regime.
According to Storm Weather Centre, different models predict between 1.4 and 2.1 TWh of precipitatio
Mittwoch, 28.01.2009, 11:06 Uhr
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