The market started a bit up this morning, but has turned again, and the V2-04 contract is now trading just below 300 NOK/MWh. The upside seems to have lost its strength.
– We are situated near the top. I think the possibilities for a downside are largest now, a Swedish trader says, pointing at the fact that the hydrological balance is better this year than it was last year. The trader thinks the market looks a bit overpriced at the moment, considering that the V1-04 contract was delivered at around 260 NOK/MWh. In comparison V1-05 is currently pric
Mittwoch, 4.08.2004, 11:39 Uhr
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