Nyheter 31. oktober09:26Morning report - October 31, 2012Nyheter 30. oktober10:00As the somewhat drier and colder weather picture gets confirmed, Nordic front power contracts are rising. Yesterday’s heavy falling market will also give market space to rebounce some.Nyheter 29. oktober10:00Warmer forecasts, low German spot and falling marginal cost of coal keep market in a bearish mode. Q1-13 is currently traded at 40.8 EUR/MWh, down 0.6 EUR/MWh from Monday’s close, while YR-13 is down by 0.25 EUR/MWh at 37.45 EUR/MWh in thin trading.Nyheter 26. oktober10:00Trading is very choppy at the moment. The market fell back during the morning as the German front year contract traded at a new all time low, but rebounded as there are expectations of colder weather on the continent.Nyheter 25. oktober10:15The recent weather forecasts are showing more precipitation, German power is also nearing its all time low, coal prices are still falling and CO2 prices are at its pre-rally level.Nyheter 24. oktober10:00Trading is very choppy at the moment especially in the front quarter contract. Coal markets were rising late last week, but are now trading down again, CO2 prices are all over the place and the weather reports are showing conflicting signals and have recently been very dry and cold.Nyheter 23. oktober10:00As forecasts bring in lows at the back end, market is taking away risk premium after last week’s surge. Simultaneously marginal cost of coal is decreasing on weaker coal and allowances, pushing the longer curve downwards.Nyheter 22. oktober10:00Last week was quiet due to industry events and holidays, but dry and cold weather reports gave the curve some strength. Nuclear power output is still very high, at 84% of capacity. Weather reports have mostly been dry and cold but they are quite uncertain, as the most recent weather report is surprisingly wet, adding pressure to the market.Nyheter 18. oktober10:00The marked ticked upwards yesterday, as both CO2 and coal prices have rallied this week. The trend has been broken this morning and buying interest is not as high as yesterdayNyheter 17. oktober10:15The recent development on the CO2 market is pushing power prices up on the Scandinavian Power Exchange. German power is also on the rise and the whole energy complex is bullish at the moment.Nyheter 16. oktober10:00Slightly weaker hydro balance is offset by falling marginal costs due to weak coal, leaving Nordic power more in a sideways mode. Spot price is expected to fall amid higher nuclear production.Nyheter 15. oktober10:15As weather has turned back to wet and mild forecasts, and coal and German power seems to have little support, the Nordic market keeps the momentum from the end of last week. RSS