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News 2026-10-16 10:23 UTC

NORDIC POWER — Forward prices set for weekly gain on low water reserves

Oct 16 (Reuters) — Nordic power prices rose on Friday and were headed for weekly gains, supported by below-normal water reserves and firmer European energy markets. Nordic front-quarter baseload power contract was up €1 ($1.12), or 0.85%, at €118.50 per megawatt hour (MWh) at 0934 GMT. The contract was up 7.8% so far f