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Energie & Management > Commentary - Market - Bullish on dry, weak spot
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Commentary

Market - Bullish on dry, weak spot

As expected, the Wednesday system price was fixed a few NOK below today’s, at 210.63 NOK/MWh (-6.40). The afternoon market lifted from the flat morning session, and the strengthening is applied to the high pressure building up. A Norwegian trader argued that despite the drier forecast, chances on the downside are better than on the upside.
The afternoon session was sparked off by German strength, as the Phelix peak was fixed at 42.91 EUR/MWh, base at 31.10 EUR/MWh, but no surprise was shown in the Nordic spot for tomorrow despite this. The Norwegian trader said that it is more likely that the German system price is unnaturally high, rather than the Nordic is unnaturally weak. He maintained that it is unfortunate for power flow th
Dienstag, 27.05.2003, 15:53 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
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.
mehr
E&M  Commentary
Dienstag, 27.05.2003, 11:18
Market - Flat Tuesday
The market has flattened out at familiar levels this week, and little was new under the Nordic electricity sky this morning. The short week is blamed for the silence, and players are leaning back in their trading-chairs, expecting little to happen. And weather decelerates the downside, a Swedish trader said, and an analyst held that we could have entered the summer range.
Energie & Management > Commentary - Market - Flat Tuesday
Dienstag, 27.05.2003, 11:18
E&M  Commentary
Market - Flat Tuesday
The market has flattened out at familiar levels this week, and little was new under the Nordic electricity sky this morning. The short week is blamed for the silence, and players are leaning back in their trading-chairs, expecting little to happen. And weather decelerates the downside, a Swedish trader said, and an analyst held that we could have entered the summer range.
Energie & Management > Commentary - Market - Bullish on dry, weak spot
zurück
Commentary
Market - Bullish on dry, weak spot
As expected, the Wednesday system price was fixed a few NOK below today’s, at 210.63 NOK/MWh (-6.40). The afternoon market lifted from the flat morning session, and the strengthening is applied to the high pressure building up. A Norwegian trader argued that despite the drier forecast, chances on the downside are better than on the upside.
The afternoon session was sparked off by German strength, as the Phelix peak was fixed at 42.91 EUR/MWh, base at 31.10 EUR/MWh, but no surprise was shown in the Nordic spot for tomorrow despite this. The Norwegian trader said that it is more likely that the German system price is unnaturally high, rather than the Nordic is unnaturally weak. He maintained that it is unfortunate for power flow th
Dienstag, 27.05.2003, 15:53 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
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.
mehr
E&M  Commentary
Dienstag, 27.05.2003, 11:18
Market - Flat Tuesday
The market has flattened out at familiar levels this week, and little was new under the Nordic electricity sky this morning. The short week is blamed for the silence, and players are leaning back in their trading-chairs, expecting little to happen. And weather decelerates the downside, a Swedish trader said, and an analyst held that we could have entered the summer range.
Energie & Management > Commentary - Market - Flat Tuesday
Dienstag, 27.05.2003, 11:18
E&M  Commentary
Market - Flat Tuesday
The market has flattened out at familiar levels this week, and little was new under the Nordic electricity sky this morning. The short week is blamed for the silence, and players are leaning back in their trading-chairs, expecting little to happen. And weather decelerates the downside, a Swedish trader said, and an analyst held that we could have entered the summer range.

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