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Energie & Management > Commentary - Nordic Market - Following Germany
Commentary

Nordic Market - Following Germany

The Nordic power market opened very quietly Friday morning, and there were no trades until 0835 hours. After that, the volatile development from yesterday seems to continue. Germany is still the main price driving element, according to the players.
Resembling the movements from yesterday, the Summer-05 contract opened at 259.50 NOK/MWh, dropped to 255.50, before climbing to 261. The contract is last traded at 259.50, down 0.50 from yesterday. “Prices have increased strongly for some time now, without recoiling, and the market has seemed a bit “toppish” lately. The prices are dropping this morning due to technical

Freitag, 22.04.2005, 11:52 Uhr
Redaktion
Energie & Management > Commentary - Nordic Market - Following Germany
Commentary
Nordic Market - Following Germany
The Nordic power market opened very quietly Friday morning, and there were no trades until 0835 hours. After that, the volatile development from yesterday seems to continue. Germany is still the main price driving element, according to the players.
Resembling the movements from yesterday, the Summer-05 contract opened at 259.50 NOK/MWh, dropped to 255.50, before climbing to 261. The contract is last traded at 259.50, down 0.50 from yesterday. “Prices have increased strongly for some time now, without recoiling, and the market has seemed a bit “toppish” lately. The prices are dropping this morning due to technical

Freitag, 22.04.2005, 11:52 Uhr
Redaktion

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