The week started off with a weaker spot than expected but with drier weather outlooks, lifting the forwards several NOK while taking the front down at open. Prices continued up during the morning session, and a Swedish player said that the upregulation pointed towards a stronger Tuesday system price. A Norwegian player called attention to the fact that last week showed a weakening of the hydrological situation.
V1-04 was up at 295.75 NOK/MWh (286) and YR-04 was lifted to 243 NOK/MWh (237.75) this morning. Drier weather outlooks took prices up, accompanied by figures showing a weakened hydrological balance last week. This week expectations are a return to the contents of week 39, but the Norwegian player said that maybe the balance could become somewhat tighter ahead.- We see that a high pressur
Montag, 6.10.2003, 11:58 Uhr
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