The Thursday market followed the master plan, opted for the south side, and decided that the correction is over. And while some hundred MWs were spent attempting to hold the Summer02 above water, the forces of hydropower can perhaps no longer be underestimated.
A Norwegian trader was without doubt this morning, arguing that all logic available points in one direction. An international trader also maintained that the shape of the forward curve is unmistakably down, and added that this time the trip is going far south. LogicAs the first morning hours were split between the futures and the forwards, the forward curve was
Donnerstag, 14.03.2002, 12:18 Uhr
Sara Fagernes
© 2024 Energie & Management GmbH