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Nordic Next-Month Power Declines on Mild Weather, Lower Demand

Nordic electricity for delivery next month declined after forecasts for warmer-than-average weather indicated lower demand.

Low temperatures in Stockholm may rise to minus 2 degrees Celsius (minus 28 Fahrenheit) on Dec. 29 from minus 11 on Dec. 27, according to CustomWeather Inc. data on Bloomberg. That compares with a 10-year seasonal norm of minus 5.