Nordic power prices keep climbing today, and the summer contract is approaching 250 NOK/MWh. According to market players, the spot price is the conclusive factor.
“The market is pulling in one direction. Everything looks bull at the moment, and the spot price is the most important factor. A weak spot on Monday sent prices down by 10 NOK, while the strong spot yesterday lifted prices 15 NOK from Monday’s low. The upwards movement is likely to continue”, a Norwegian trader says.Summer-05 was traded at 248.50 NOK/MWh this morning, c
Mittwoch, 13.04.2005, 11:56 Uhr
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