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Energie & Management > Commentary - Market - Jumping past 300
Commentary

Market - Jumping past 300

Prospects of a high-pressure next week pushed the market further up this morning. V2-03 has jumped through NOK 300 to trade last at NOK 302.25, and Year 04 has gained NOK 4.25 to NOK 246.25. A Norwegian producer though argued that the risk premium is getting too expensive.
- We are balancing on a knife-edge. At the moment producers are in control. But only a 4-5 TWh improvement of the resource situation will trigger off competition among producers to sell. That could push spot prices down considerably, and remove the risk premium in the market, that is currently too high, a Norwegian producer said.According to the producer, a correct “fundamental pri

Mittwoch, 20.08.2003, 11:36 Uhr
Energie & Management > Commentary - Market - Jumping past 300
Commentary
Market - Jumping past 300
Prospects of a high-pressure next week pushed the market further up this morning. V2-03 has jumped through NOK 300 to trade last at NOK 302.25, and Year 04 has gained NOK 4.25 to NOK 246.25. A Norwegian producer though argued that the risk premium is getting too expensive.
- We are balancing on a knife-edge. At the moment producers are in control. But only a 4-5 TWh improvement of the resource situation will trigger off competition among producers to sell. That could push spot prices down considerably, and remove the risk premium in the market, that is currently too high, a Norwegian producer said.According to the producer, a correct “fundamental pri

Mittwoch, 20.08.2003, 11:36 Uhr

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