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Commentary

Market - A weak link

Inflow is high and the spot is weak, factors that were confirmed this afternoon. The Thursday system price was fixed at 165.36 NOK/MWh (-45.27) and reservoir figures were significantly up in both Norway and Sweden. The drier weather outlooks presented this afternoon decelerated a further fall, but the market remained red throughout the afternoon, and an international trader said that he really wanted to be bearish now.
Expectations regarding the presently weak situation were confirmed today, at the same time as weather forecasts turned around from the morning wetness to a drier outlook this afternoon. The system price fell to this year’s weakest Ascension Day, with the lowest hour down at 106.81 NOK/MWh. The Phelix showed lack of strength tomorrow too, base fixed at 10.13 EUR/MWh, peak at 8.68 EUR/MWh.
Mittwoch, 28.05.2003, 15:50 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
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E&M  Commentary
Freitag, 30.05.2003, 12:04
Market - V2-03 dips below NOK 234
Prices continue a few NOKs down this squeezed in Friday, seeing the V2-03 down NOK/MWh 3.25 on thin liquidity. Forecasts are uncertain for next week, but players powernews.org spoke to this morning believed in a further downside.
Energie & Management > Commentary - Market - V2-03 dips below NOK 234
Freitag, 30.05.2003, 12:04
E&M  Commentary
Market - V2-03 dips below NOK 234
Prices continue a few NOKs down this squeezed in Friday, seeing the V2-03 down NOK/MWh 3.25 on thin liquidity. Forecasts are uncertain for next week, but players powernews.org spoke to this morning believed in a further downside.
mehr
E&M  Commentary
Mittwoch, 28.05.2003, 11:48
Market - Bearish, but limited
The V2-03 contract fell back to 236.50 NOK/MWh this morning as renewed signs of more wet wetter was presented. It is on the cards that we will see the weakest spot so far this year on Ascension Day tomorrow, and with continued low pressure activity, the chances are best on the downside, two traders said today.
Energie & Management > Commentary - Market - Bearish, but limited
Mittwoch, 28.05.2003, 11:48
E&M  Commentary
Market - Bearish, but limited
The V2-03 contract fell back to 236.50 NOK/MWh this morning as renewed signs of more wet wetter was presented. It is on the cards that we will see the weakest spot so far this year on Ascension Day tomorrow, and with continued low pressure activity, the chances are best on the downside, two traders said today.
Energie & Management > Commentary - Market - A weak link
zurück
Commentary
Market - A weak link
Inflow is high and the spot is weak, factors that were confirmed this afternoon. The Thursday system price was fixed at 165.36 NOK/MWh (-45.27) and reservoir figures were significantly up in both Norway and Sweden. The drier weather outlooks presented this afternoon decelerated a further fall, but the market remained red throughout the afternoon, and an international trader said that he really wanted to be bearish now.
Expectations regarding the presently weak situation were confirmed today, at the same time as weather forecasts turned around from the morning wetness to a drier outlook this afternoon. The system price fell to this year’s weakest Ascension Day, with the lowest hour down at 106.81 NOK/MWh. The Phelix showed lack of strength tomorrow too, base fixed at 10.13 EUR/MWh, peak at 8.68 EUR/MWh.
Mittwoch, 28.05.2003, 15:50 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
mehr
E&M  Commentary
Freitag, 30.05.2003, 12:04
Market - V2-03 dips below NOK 234
Prices continue a few NOKs down this squeezed in Friday, seeing the V2-03 down NOK/MWh 3.25 on thin liquidity. Forecasts are uncertain for next week, but players powernews.org spoke to this morning believed in a further downside.
Energie & Management > Commentary - Market - V2-03 dips below NOK 234
Freitag, 30.05.2003, 12:04
E&M  Commentary
Market - V2-03 dips below NOK 234
Prices continue a few NOKs down this squeezed in Friday, seeing the V2-03 down NOK/MWh 3.25 on thin liquidity. Forecasts are uncertain for next week, but players powernews.org spoke to this morning believed in a further downside.
mehr
E&M  Commentary
Mittwoch, 28.05.2003, 11:48
Market - Bearish, but limited
The V2-03 contract fell back to 236.50 NOK/MWh this morning as renewed signs of more wet wetter was presented. It is on the cards that we will see the weakest spot so far this year on Ascension Day tomorrow, and with continued low pressure activity, the chances are best on the downside, two traders said today.
Energie & Management > Commentary - Market - Bearish, but limited
Mittwoch, 28.05.2003, 11:48
E&M  Commentary
Market - Bearish, but limited
The V2-03 contract fell back to 236.50 NOK/MWh this morning as renewed signs of more wet wetter was presented. It is on the cards that we will see the weakest spot so far this year on Ascension Day tomorrow, and with continued low pressure activity, the chances are best on the downside, two traders said today.

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