Friday opened up after yesterday´s correction, but the market seemed to be in a state of consolidation this morning. That did not prevent V1-03 from lifting back to 600 NOK/MWh, however, and next week to trade up to 900 NOK/MWh. Looking back, this week won´t be easily forgotten. An entire week with dry and cold forecasts and unparallelled price movements is nevertheless coming to an end, and the question now is what next week will bring.
The Friday market was nervous, and traded between Thursday´s high and low. Yesterday´s fall was an important signal, however, but it is too early to say whether we have seen the high for now. The morning´s developments surely point towards a continued lift. Monday´s weather forecasts will be of high importance, while as of today little goes in favour of a sudden improvement of the fundamental s
Freitag, 6.12.2002, 12:15 Uhr
Sara Fagernes
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