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Energie & Management > Commentary - Market - Less strong high, still felling low
Commentary

Market - Less strong high, still felling low

The weather forecasts kept the morning market below yesterday’s level, opening marginally down from the Monday close, V2-03 trading down to 317.50 NOK/MWh. “The high pressure is less strong today, but generally I think we see a market without much self-confidence at the moment,” an international trader said.
A Norwegian player believed that the market was overpriced, but saw no significant downside at the moment either. With the ever changing weather forecasts and their interpretations, the morning market fell a few NOK. The Norwegian player pointed to the fact that the ensembles this morning were basically the same as yesterday, while the operational EC was wetter than yes

Dienstag, 9.09.2003, 11:44 Uhr
Energie & Management > Commentary - Market - Less strong high, still felling low
Commentary
Market - Less strong high, still felling low
The weather forecasts kept the morning market below yesterday’s level, opening marginally down from the Monday close, V2-03 trading down to 317.50 NOK/MWh. “The high pressure is less strong today, but generally I think we see a market without much self-confidence at the moment,” an international trader said.
A Norwegian player believed that the market was overpriced, but saw no significant downside at the moment either. With the ever changing weather forecasts and their interpretations, the morning market fell a few NOK. The Norwegian player pointed to the fact that the ensembles this morning were basically the same as yesterday, while the operational EC was wetter than yes

Dienstag, 9.09.2003, 11:44 Uhr

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