Forecasts have turned wetter and are pushing Nordic forward prices down Wednesday morning.
The front quarter opened at EUR 73/MWh, before being sold down to EUR 70.65. The contract was last seen at EUR 71/MWh, down 2.85 euros day on day."Prices are down due to wetter weather and softer fuels. Furthermore, it is a reaction to the strong gains lately," one analyst said.The 10-day EC12 prognosis was wetter than normal for the first time in a long while, the analyst comment
Mittwoch, 24.09.2008, 10:52 Uhr
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