NORDIC POWER-Spot price seen easing on higher wind output


* Nordic spot price for Friday seen down to 37.7 euros/MWh

* Front-quarter falls on wetter weather forecast

OSLO, Oct 11 (Reuters) - Nordic spot power prices wereexpected to fall on higher wind output and lower export capacityto Germany, analysts at Point Carbon said on Thursday.

The Nordic average day-ahead power price


Friday delivery is expected to ease to 37.7 euros per MWh,compared with 39 euros on Thursday, Point Carbon predicted.

"Higher wind power output will have a bearish impact onprices," a Point Carbon analyst said.

Combined wind power output in Denmark and Sweden wasforecast to strengthen by hourly average of 910 MW from Thursdayto Friday, while consumption was seen to fall by 150 MW ahead ofthe weekend, even though temperatures continued to drop.

Spot price in Germany, which trades power with the Nordicmarket, came in at 52.7 euros a MWh for Thursday, but wasexpected to fall to 49.5 euros on Friday, Point Carbon said.

Price difference makes profitable to export cheaper hydropower from the Nordic market to Germany, which relies mostly onfossil fuels to generate power.


Nordic forward prices fell on Thursday morning for thesecond session in a row, after the latest weather forecastshowed more rain ahead, traders said.

The contract for baseload (24 hours) power delivery in thefirst quarter

fell by 65 cents to 41.70 euros per MWhby 0845 GMT, compared with Wednesday's close.

"The market is down due to wetter weather forecast," aNorway-based trader said.

"If we get more wet weather next week it might fall further,but I don't think it would go much below 40 euros," he added.

The latest weather forecasts for the next 15 days showedmore rain than previously seen, with combined precipitationlevels in Norway and Sweden returning to normal.

The Nordic region relies on hydroelectric power for morethan 50 percent of its power generation, and change inprecipitation is an important factor in setting prices.

The Nordic contract for baseload power delivery next year

eased by 40 cents to 37.70 euros per MWh, in step withfalling coal and carbon prices.

Coal API2 2013 futureswere down by 75 cents to$96 a tonne, while European carbon priceswere almostunchanged at 7.70 euros a tonne.

Brent crude oil

rose by $1 to $115.20 per barrel by0818 GMT, lifted by escalating tension between Syria and Turkey,maintenance in the North Sea and a supply crunch in oilproducts.

(Reporting by Nerijus Adomaitis; editing by James Jukwey)

((nerijus.adomaitis@thomsonreuters.com)(+47 9027 6699 ReutersMessaging: nerijus.adomaitis.thomsonreuters@reuters.net))