Forward prices have turned north again this morning. But the V1-05 contract is unlikely to break through the 275 NOK/MWh resistance area before the system price is lifted well above 240, according to market players.
Lower temperatures in Sweden may give the spot price a gentle push northwards tomorrow, although this effect may be balanced by higher wind output in Denmark. The day-ahead contract at Nord Pool is currently quoted in a 240-244.50 range, which compares to a Wednesday system price of 240.87 (+3.25).Looking ahead, a Swedish trader believed spot prices won’t climb much further from he
Mittwoch, 27.10.2004, 12:02 Uhr
© 2024 Energie & Management GmbH