Fear of a long lasting high pressure pushed the market to August highs this morning, seeing V1-04 open at 333 NOK/MWh. That was too high, the market decided, and prices adjusted down throughout the morning.
Yet another dry forecast has provoked nerves in a market remembering very well what happened last year. But market players powernews.org spoke to this morning believe the reaction has gone too far.- The forecast show some days of dry weather. The market has priced in a month of dry weather, an international trader said. He believed a correction down will start as soon as a wet forecast i
Mittwoch, 8.10.2003, 12:17 Uhr
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