Following yesterday’s springboard movements, week 3 is on its way down again today with the other weeks following more slowly. Summer 03 is also heading down trading last at NOK/MWh 260.00. A Swedish trader says the S0-03 is priced too low and should bounce above NOK 300 as soon as the weather forecast turns cold again.
Mild and wet weather is expected to push the system price down early next week, and week 3 reacts accordingly dropping NOK 27.50 at noon today. Weeks 4-6 though continued the northern track from yesterday afternoon earlier today, as meteorologists believe colder weather to return from late next week. During the last hour, these contracts have also started to fall.Summer 03 failed to brea
Freitag, 10.01.2003, 12:12 Uhr
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