A sharp fall in temperatures will probably lift the system price towards NOK 300/MWh for tomorrow. But the weather will soon get milder again and the forward market has adjusted down this morning, mainly on bearish impact from the German market.
Temperatures are expected to drop some 3 degrees tomorrow, giving a sudden increase in demand. Other bullish factors for tomorrow include the temporary shut down of the 475 MW Oskarshamnsverket 1 nuclear reactor from 8pm tonight and very low wind forecasts inDenmark.“Looking at the fundamentals tomorrow I think the spot will climb above 300. It will be much colder, especially here
Donnerstag, 8.12.2005, 11:23 Uhr
Redaktion
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