The Nordic power market has come off during the morning session, on the back of somewhat milder and wetter forecasts than on Friday, plus a weaker system price than expected.
“In my opinion, what we see today is a bull trend correction. The market had very high spot estimates for today, and EUR 48 was lower than most players had expected. Temperatures will not be quite as low as previously shown, and in addition, the forecasts show a bit more precipitation at the end of the period,” says one trader.In his opinion, the fundamental situation is stil
Montag, 27.02.2006, 11:15 Uhr
Redaktion
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