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Energie & Management > Commentary - Market - Silent day, cooking all night?
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Commentary

Market - Silent day, cooking all night?

The quiet market was lifted this morning, but the overall impression is rather that most players are on Christmas leave. The most amusing aspect right now is the spot, and a Norwegian producer was positive that the nightprices, which in parts of Norway are higher than the daytime hours, most likely is due to the fact that the “juleribbe” is being cooked during the night. Ahead we don’t know what’s cooking.
As has been pointed out several times lately, players are not very willing to have positions over the holidays. The risk is too big with so many days off and uncertain weather outlooks, and higher forces than power players evidently are in charge of the weather the next weeks and months. The last couple of days we have seen that the contracts have been knocked down just before close, but this h
Freitag, 20.12.2002, 12:13 Uhr
Sara Fagernes
© 2024 Energie & Management GmbH
Sara Fagernes
Sara Fagernes
Mehr zum Thema
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E&M  Commentary
Montag, 23.12.2002, 12:29
Market - Heaven or Las Vegas
In the day-before-Christmas-market turnover was very low, but the weather forecasts and spreads presented bore witness that the high-price scenario may not be over. It is easy to move the market considerably on exceptionally thin volumes, however, and as a result the V1-03 contract was back well above 600 NOK/MWh and SO-03 traded up to 268.00 at the highest.
Energie & Management > Commentary - Market - Heaven or Las Vegas
Montag, 23.12.2002, 12:29
E&M  Commentary
Market - Heaven or Las Vegas
In the day-before-Christmas-market turnover was very low, but the weather forecasts and spreads presented bore witness that the high-price scenario may not be over. It is easy to move the market considerably on exceptionally thin volumes, however, and as a result the V1-03 contract was back well above 600 NOK/MWh and SO-03 traded up to 268.00 at the highest.
mehr
E&M  Commentary
Donnerstag, 19.12.2002, 12:06
Market - Quiet before the storm
The morning market was thin but bullish, as weather forecasts look cool and dry again. Most contracts were up rather significantly, and V1-03 was lifted back to 500 NOK/MWh. There is little interest among players to do much, however, and even the ones who would like to position themselves for their new year’s expectations, refrain from doing so.
Energie & Management > Commentary - Market - Quiet before the storm
Donnerstag, 19.12.2002, 12:06
E&M  Commentary
Market - Quiet before the storm
The morning market was thin but bullish, as weather forecasts look cool and dry again. Most contracts were up rather significantly, and V1-03 was lifted back to 500 NOK/MWh. There is little interest among players to do much, however, and even the ones who would like to position themselves for their new year’s expectations, refrain from doing so.
Energie & Management > Commentary - Market - Silent day, cooking all night?
zurück
Commentary
Market - Silent day, cooking all night?
The quiet market was lifted this morning, but the overall impression is rather that most players are on Christmas leave. The most amusing aspect right now is the spot, and a Norwegian producer was positive that the nightprices, which in parts of Norway are higher than the daytime hours, most likely is due to the fact that the “juleribbe” is being cooked during the night. Ahead we don’t know what’s cooking.
As has been pointed out several times lately, players are not very willing to have positions over the holidays. The risk is too big with so many days off and uncertain weather outlooks, and higher forces than power players evidently are in charge of the weather the next weeks and months. The last couple of days we have seen that the contracts have been knocked down just before close, but this h
Freitag, 20.12.2002, 12:13 Uhr
Sara Fagernes
© 2024 Energie & Management GmbH
Sara Fagernes
Sara Fagernes
Mehr zum Thema
mehr
E&M  Commentary
Montag, 23.12.2002, 12:29
Market - Heaven or Las Vegas
In the day-before-Christmas-market turnover was very low, but the weather forecasts and spreads presented bore witness that the high-price scenario may not be over. It is easy to move the market considerably on exceptionally thin volumes, however, and as a result the V1-03 contract was back well above 600 NOK/MWh and SO-03 traded up to 268.00 at the highest.
Energie & Management > Commentary - Market - Heaven or Las Vegas
Montag, 23.12.2002, 12:29
E&M  Commentary
Market - Heaven or Las Vegas
In the day-before-Christmas-market turnover was very low, but the weather forecasts and spreads presented bore witness that the high-price scenario may not be over. It is easy to move the market considerably on exceptionally thin volumes, however, and as a result the V1-03 contract was back well above 600 NOK/MWh and SO-03 traded up to 268.00 at the highest.
mehr
E&M  Commentary
Donnerstag, 19.12.2002, 12:06
Market - Quiet before the storm
The morning market was thin but bullish, as weather forecasts look cool and dry again. Most contracts were up rather significantly, and V1-03 was lifted back to 500 NOK/MWh. There is little interest among players to do much, however, and even the ones who would like to position themselves for their new year’s expectations, refrain from doing so.
Energie & Management > Commentary - Market - Quiet before the storm
Donnerstag, 19.12.2002, 12:06
E&M  Commentary
Market - Quiet before the storm
The morning market was thin but bullish, as weather forecasts look cool and dry again. Most contracts were up rather significantly, and V1-03 was lifted back to 500 NOK/MWh. There is little interest among players to do much, however, and even the ones who would like to position themselves for their new year’s expectations, refrain from doing so.

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