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Energie & Management > Commentary - Market - Possibly upside next week
Commentary

Market - Possibly upside next week

As weather forecasts were somewhat wetter again this morning, the market corrected down. During the thin Friday trading V2-03 lifted somewhat towards noon, and a Norwegian trader believed that the general sentiment in the market, despite today’s drop, is a continued upside.
- It seems that most players consider the upside as the most interesting now. High-pressure weather over the weekend is expected, while only the very far end predicts some wetter weather again. True, load will be low next week, but this time of year we don’t receive much rain in Norway so inflows will be low and the hydro balance will not improve. Seeing Ringhals1 out of production until

Freitag, 11.07.2003, 12:01 Uhr
Energie & Management > Commentary - Market - Possibly upside next week
Commentary
Market - Possibly upside next week
As weather forecasts were somewhat wetter again this morning, the market corrected down. During the thin Friday trading V2-03 lifted somewhat towards noon, and a Norwegian trader believed that the general sentiment in the market, despite today’s drop, is a continued upside.
- It seems that most players consider the upside as the most interesting now. High-pressure weather over the weekend is expected, while only the very far end predicts some wetter weather again. True, load will be low next week, but this time of year we don’t receive much rain in Norway so inflows will be low and the hydro balance will not improve. Seeing Ringhals1 out of production until

Freitag, 11.07.2003, 12:01 Uhr

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