The Tuesday morning market was lifted with the confirmed dry and cold weather forecasts, triggering stop-losses. The summer contract leaped through 225 NOK/MWh quite so easily, and the target this morning was 230 NOK/MWh.
Not since week four have prices been as high as this morning. The predictions that the bull would start to accelerate was substantiated with the high-pressure ridge in the morning’s forecasts, and the questions now are how much the spot curve will be lifted, and if the summer contract is going to continue up.240 NOK/MWh revisited? A Norwegian player did not nec
Dienstag, 24.02.2004, 11:57 Uhr
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