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Energie & Management > Commentary - Nordic Market - A possible overreaction
Commentary

Nordic Market - A possible overreaction

Prices at Nord Pool are continuing up this morning, due to a firm German market and even drier prognoses than yesterday. Market players point out that the forward market has gained a lot in a short time, and that the system price must soon start strengthening.
“The market is driven by the same factors as yesterday; dry forecasts and strong German prices. In my opinion, however, prices have increased a bit too much. The spot price must start strengthening in order to justify the current market prices,” says Per Arne Austli at Norwegian hydro power producer BKK. Regarding the week contracts, the spot price is expected to increase rap

Dienstag, 11.10.2005, 12:07 Uhr
Redaktion
Energie & Management > Commentary - Nordic Market - A possible overreaction
Commentary
Nordic Market - A possible overreaction
Prices at Nord Pool are continuing up this morning, due to a firm German market and even drier prognoses than yesterday. Market players point out that the forward market has gained a lot in a short time, and that the system price must soon start strengthening.
“The market is driven by the same factors as yesterday; dry forecasts and strong German prices. In my opinion, however, prices have increased a bit too much. The spot price must start strengthening in order to justify the current market prices,” says Per Arne Austli at Norwegian hydro power producer BKK. Regarding the week contracts, the spot price is expected to increase rap

Dienstag, 11.10.2005, 12:07 Uhr
Redaktion

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