With a Monday system price well above expectations, the market gapped up accordingly, along with dry forecasts and “the Swedish condition.” An international trader saw NOK 180 as a realistic target from here, in particular with a close above NOK 175 today. A Swedish trader found NOK 180 to be the ceiling, for now.
High spot As the Monday spot was fixed at 147.34 NOK/MWh (+36.26), the market was lifted another level this morning, and Winter2 was traded up in the NOK 176s. The area price differences between Norway and the other areas are significant, and the Swedish condition is particularly noticeable, an international trader stated this morning:- Swedish hours are up well in the
Montag, 3.06.2002, 12:07 Uhr
Sara Fagernes
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