The very careful morning market suppressed all its bizarre ideas about a possible negative price development ahead as the system price surprised on the upside and weather outlooks are cold. At the most, V1-03 was up at 368.00 NOK/MWh, a movement of 25 NOK from this morning.
Several coinciding factors lifted the Friday afternoon market to its weekly high after we have seen some healthy corrections over the last couple of days. The strong Saturday system price at 349.33 NOK/MWh and the cold weather forecast triggered a new fear of what the spot eventually will come to when the cold sets in for real.One-way marketA Swedish player argued t
Freitag, 22.11.2002, 15:41 Uhr
Sara Fagernes
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