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POWER: Nordic Forward Curve Climbs on Drier Outlook

POWER

The Nordic forward curve has been pushed by a halving of Norway’s and Sweden’s hydro balance on the day, with October leading gains, and as temperatures are still set to plummet below the seasonal norm. However, losses in the German power and TTF could limit gains.

 

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The Nordic forward curve has been pushed by a halving of Norway’s and Sweden’s hydro balance on the day, with October leading gains, and as temperatures are still set to plummet below the seasonal norm. However, losses in the German power and TTF could limit gains.

 

Keep reading...Show less