March 12 (Reuters) - Nordic forward prices inched up on Wednesday, driven by forecasts of drier weather conditions and a dip in water reserves in the hydro-dependent region.

* The Nordic front-quarter baseload power contract ENOFBLQc1 rose 0.2 euros to 21.07 euros per megawatt hour (MWh) as of 1040 GMT.

* Nordic front-year ENOFBLYc1 firmed 0.33% at 36.17 euros per megawatt hour (MWh).

* The weather is calmer and not as wet as before along with intense wind, which may help get rid of the surplus in the hydrosystem, Axel Weyler, an originator at Entelios Trading AB said.

* Nordic water reserves available 15 days ahead PCAEC00 were seen at 15.17 terawatt hours (TWh) above normal, compared with 17.02 TWh on Tuesday.

* Dutch and British wholesale gas prices were mixed, with colder weather spurring demand, and as the market awaits further clarity over a potential ceasefire in the Ukraine war after a recent step-up of attacks. NG/EU

* "The next days will be slightly colder than normal with low precipitation activity," said LSEG meteorologist Georg Muller in a note.

* In the European carbon market, the benchmark contract CFI2Zc1 fell 0.51 euros to 67.73 euros a tonne.

* German year-ahead power TRDEBYc1 remained unchanged at 82.95 euros per MWh.

* The Nordic power price for next-day physical delivery FXSYSAL=NPX, or system price, was up 12.63 euros to 100.65 euros per MWh.

(Reporting by Sarah Qureshi in Bengaluru; Editing by Vijay Kishore)

((SarahS.Qureshi@thomsonreuters.com;))