With wetter weather outlooks prices fell during thin Monday morning trading, V1-04 down to 355.25 NOK/MWh at the lowest. The Monday system price was weaker than generally expected, but still stronger than last week’s level. A Swedish trader argued that V1-04 would be traded down towards 340 NOK/MWh now, whereas a Norwegian trader characterized the present as sensitive times.
V1-04 was back in the 350s this morning, as the wet end seen last week was confirmed in today’s forecasts. The nearest days are dry, however, and the Norwegian trader maintained that although the weather outlooks are wetter than before the weekend, no more than normal amounts are expected.- These are sensitive times, and after all we are already in November. That prices are coming
Montag, 10.11.2003, 12:00 Uhr
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