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Energie & Management > Marktkommentar Nordic - Market - Reality check
Marktkommentar Nordic

Market - Reality check

(powernews.org) - With mild and wet forecasts, the Wednesday morning market went for NOK 116 but turned around at NOK 116.30 in a thin, expectant market. A Swedish trader argued that it is a gamble to protect the NOK 116.50 support level now, adding that if the risk manager comes into the office this week someone should get stop loss orders, and SO2 would greet 110.
A Norwegian producer, on the other hand, told us that production is under control in Norway, and argued that players will remain careful until the system price is down to the 130s NOK/MWh. A two-digit system price over Easter he regarded as unrealistic. In a not so exciting Wednesday morning market, precipitation, spot and 116 are the imprints on the market mind. Players speak of possible s

Mittwoch, 20.03.2002, 12:19 Uhr
Andreas Kögler
Energie & Management > Marktkommentar Nordic - Market - Reality check
Marktkommentar Nordic
Market - Reality check
(powernews.org) - With mild and wet forecasts, the Wednesday morning market went for NOK 116 but turned around at NOK 116.30 in a thin, expectant market. A Swedish trader argued that it is a gamble to protect the NOK 116.50 support level now, adding that if the risk manager comes into the office this week someone should get stop loss orders, and SO2 would greet 110.
A Norwegian producer, on the other hand, told us that production is under control in Norway, and argued that players will remain careful until the system price is down to the 130s NOK/MWh. A two-digit system price over Easter he regarded as unrealistic. In a not so exciting Wednesday morning market, precipitation, spot and 116 are the imprints on the market mind. Players speak of possible s

Mittwoch, 20.03.2002, 12:19 Uhr
Andreas Kögler

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