The morning market continued to show strength as the Friday spot was fixed well above expectations at 248.26 NOK/MWh, while turnover was expectedly relatively low on this squeezed-in day. The weather forecasts remain wet, however, and according to one trader the market is split in two camps for the road ahead.
The strong Friday spot was the single main reason that the market kept up its strength today. The lack of an underlying trend remains however, but it still seemed somewhat unproblematic to take V2-03 back to 270 NOK/MWh during the morning session.SplitA Norwegian trader held that the market has an underlying strength, and that the spot will decide much ahead. At t
Freitag, 2.05.2003, 11:07 Uhr
© 2024 Energie & Management GmbH