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Energie & Management > Commentary - Market - Continues down
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Commentary

Market - Continues down

The Nord Pool system price dropped below NOK/MWh 400 for Thursday and is expected to slip even further for Friday. Week 3 has followed below NOK 400 today, and the other weeks are also heading down approaching levels where some thermal plants becomes unprofitable. Summer 03 is currently trading close to yesterday’s closing price of NOK 215.
Several low pressures have attacked Western Norway this week causing lots of precipitation and heavy wind. Consumption is down due to warmer than normal temperatures, and the overall resource situation is expected to improve some 5 TWh to a deficit of 30 TWh this week, according to a Norwegian trader.“The market remains bearish, and there are expectation of continuing falling spot
Donnerstag, 16.01.2003, 12:10 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
mehr
E&M  Commentary
Freitag, 17.01.2003, 11:52
Market - It’s not spring yet
The market turned up yesterday afternoon, and continues north this morning on expectation of more consumption next week and as a correction to the sharp fall earlier in the week. Market players are now anxious to see whether the winter returns next week.
Energie & Management > Commentary - Market - It’s not spring yet
Freitag, 17.01.2003, 11:52
E&M  Commentary
Market - It’s not spring yet
The market turned up yesterday afternoon, and continues north this morning on expectation of more consumption next week and as a correction to the sharp fall earlier in the week. Market players are now anxious to see whether the winter returns next week.
mehr
E&M  Commentary
Mittwoch, 15.01.2003, 11:45
Market - Soaking red
There are no immediate changes to the fundamental situation today as forecasts turn only wetter and milder and producers continue to write down the value on their power. “Spot prices may be down at NOK 400 already tomorrow”, said a Norwegian producer.
Energie & Management > Commentary - Market - Soaking red
Mittwoch, 15.01.2003, 11:45
E&M  Commentary
Market - Soaking red
There are no immediate changes to the fundamental situation today as forecasts turn only wetter and milder and producers continue to write down the value on their power. “Spot prices may be down at NOK 400 already tomorrow”, said a Norwegian producer.
Energie & Management > Commentary - Market - Continues down
zurück
Commentary
Market - Continues down
The Nord Pool system price dropped below NOK/MWh 400 for Thursday and is expected to slip even further for Friday. Week 3 has followed below NOK 400 today, and the other weeks are also heading down approaching levels where some thermal plants becomes unprofitable. Summer 03 is currently trading close to yesterday’s closing price of NOK 215.
Several low pressures have attacked Western Norway this week causing lots of precipitation and heavy wind. Consumption is down due to warmer than normal temperatures, and the overall resource situation is expected to improve some 5 TWh to a deficit of 30 TWh this week, according to a Norwegian trader.“The market remains bearish, and there are expectation of continuing falling spot
Donnerstag, 16.01.2003, 12:10 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
mehr
E&M  Commentary
Freitag, 17.01.2003, 11:52
Market - It’s not spring yet
The market turned up yesterday afternoon, and continues north this morning on expectation of more consumption next week and as a correction to the sharp fall earlier in the week. Market players are now anxious to see whether the winter returns next week.
Energie & Management > Commentary - Market - It’s not spring yet
Freitag, 17.01.2003, 11:52
E&M  Commentary
Market - It’s not spring yet
The market turned up yesterday afternoon, and continues north this morning on expectation of more consumption next week and as a correction to the sharp fall earlier in the week. Market players are now anxious to see whether the winter returns next week.
mehr
E&M  Commentary
Mittwoch, 15.01.2003, 11:45
Market - Soaking red
There are no immediate changes to the fundamental situation today as forecasts turn only wetter and milder and producers continue to write down the value on their power. “Spot prices may be down at NOK 400 already tomorrow”, said a Norwegian producer.
Energie & Management > Commentary - Market - Soaking red
Mittwoch, 15.01.2003, 11:45
E&M  Commentary
Market - Soaking red
There are no immediate changes to the fundamental situation today as forecasts turn only wetter and milder and producers continue to write down the value on their power. “Spot prices may be down at NOK 400 already tomorrow”, said a Norwegian producer.

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