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Energie & Management > Commentary - Market - High or low?
Commentary

Market - High or low?

A very cold EC forecast pushed the market north this morning, and the summer season trades in the stronger half of its current range. Forecasts are very uncertain for next week though, and market players said this morning that they expected no big price changes during the rest of the week.
- Today’s lift is due to a much colder EC forecast. There are great uncertainties on how far south the high pressure will reach next week, which affects temperatures in the most populated areas and precipitation levels. Until we get more coherent forecast I think prices will stay around current levels. The summer season should stay between 206 and 218 NOK/MWh till Monday, an international

Mittwoch, 14.01.2004, 11:10 Uhr
Energie & Management > Commentary - Market - High or low?
Commentary
Market - High or low?
A very cold EC forecast pushed the market north this morning, and the summer season trades in the stronger half of its current range. Forecasts are very uncertain for next week though, and market players said this morning that they expected no big price changes during the rest of the week.
- Today’s lift is due to a much colder EC forecast. There are great uncertainties on how far south the high pressure will reach next week, which affects temperatures in the most populated areas and precipitation levels. Until we get more coherent forecast I think prices will stay around current levels. The summer season should stay between 206 and 218 NOK/MWh till Monday, an international

Mittwoch, 14.01.2004, 11:10 Uhr

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