Spot prices are likely to drop for tomorrow when heavy storms bring lots of rain and higher temperatures to Scandinavia. The forward market is continuing on a bearish path, with most of the focus shifting to the summer contract.
– I predict a system price of 209 NOK/MWh for tomorrow. Consumption is likely to drop more than 2,000 MW due to higher temperatures. In addition, Danish wind power production will be up by 1400 MW, a Norwegian trader said. In contrast, trader Bjørn Lundqvist at MälarEnergi predicts a system price of 215 for tomorrow, which is even higher than the last day-ahead trade of 213.25 at N
Dienstag, 21.12.2004, 11:31 Uhr
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