Slightly wetter forecasts was all the market needed, before prices started falling. V1-05 is traded around 266 NOK/MWh this forenoon, this contract’s lowest level since 22 October.
– I think the market is bearish, as the spot doesn’t seem to come further up, a Norwegian trader says. The Swedish spot price is still lower than the Norwegian. On Tuesday, the difference between the Stockholm price and Northern Norway is 11.66 NOK/MWh. – It’s a problem that the Swedes don’t seem able to lift the spot. Only Norwegians are saving water, but t
Dienstag, 2.11.2004, 11:40 Uhr
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