The Q1 12 contract last traded at the of writing at EUR 36.20/MWh on Nasdaq OMX, down EUR 0.25 from Wednesday's close. Further out, the Year 2012 traded EUR 0.15 softer at EUR 37.05/MWh.  By comparison, the spread between the two contracts stood at EUR 0.25 at Monday's close. The widening spread is a consequence of the very strong hydrological balance and the continued outlook for...