A soaking wet EC prognosis took prices down this morning, V2-03 to 283.75 NOK/MWh. Players we spoke with doubted that the contract would break 280 NOK/MWh before the weekend, but agreed that the possibilities on the downside are very good with today’s weather outlooks. One of them said that it was surely delivering from above where he was at this morning. And so it did where the other was.
High amounts of precipitation are seen in today’s forecasts and solid quantities are being delivered. A player in western Norway said there is little doubt that precipitation is delivering, looking at things from where he is.- Located in the centre of the westerly weather, it sounded a little ridiculous to hear about blocking highs earlier. History and experience tell us that this
Donnerstag, 18.09.2003, 11:48 Uhr
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