The Monday morning market gapped up significantly, seeing that the system price was fixed well above expectations at 245.57 NOK/MWh. V2-03 was traded up to 245 NOK/MWh, fell a notch, but came back up with the news that Ringhals1 is going out of production today and broke through its 245-resistance level.
Prices soared to winter-like levels today. It was expected that the system price would be strong today, but not this strong, a Norwegian player confirmed. During the early morning session prices fell a little, however, but with the news that Ringhals1 is being taken out of production later today, prices lifted and V2-03 was up at 245.50 NOK/MWh.Spot regimeThe stro
Montag, 16.06.2003, 11:40 Uhr
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