The Tuesday market opened up as the fundamental signals were pointing in favour of higher prices, and Block4 was priced up at 400 NOK/MWh, while the summer contract traded up to 221.50 NOK/MWh. Players we spoke with today said that many factors indicate that the price curve will be further lifted and argued that 230 NOK/MWh is within reach this week for SO-03.
CurvesThe focus at the moment is entirely on the fundamental situation, and with no major prospects for a significant improvement of the deficit balance right now, Block4 was up to 400 NOK/MWh today. The summer contract has a potential on the upside as well, both a Swedish and Norwegian producer argued. They held that a correct price for SO-03 now would be closer to 230 NOK
Dienstag, 11.02.2003, 12:11 Uhr
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