Prices in the forward market keep swinging back and forth, mainly following changes in the precipitation forecasts. Q4-06 is traded in a EUR 70-73 range so far this morning.
“The market is extremely nervous. The forecasts are drier at the end of the period, but the players are very uncertain after the recent large correction,” comments Morten Nilsen at Bergen Energi. The bad resources are a spectre looming over the market, he says, estimating the shortage to almost 28 TWh at the moment. “Meanwhile, last week showed us that we can get a lot
Donnerstag, 7.09.2006, 11:16 Uhr
Redaktion
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