The market has turned abruptly south this morning, due to wetter forecasts and less fear of high spot prices.
– It started to turn down yesterday afternoon after the system price was fixed softer than many had feared. Today the forecasts are wetter, and the market looks quite bearish now, a Norwegian trader said.He believes that the system price will lift a further 2 NOK for tomorrow to around 240 NOK/MWh. But any dramatic lift in the spot, as many may have feared due to the cold temperatu
Mittwoch, 17.11.2004, 11:13 Uhr
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