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Energie & Management > Commentary - Nordic Market -
Commentary

Nordic Market - "Fundamentals count"

Although prices are adjusting slightly up on the Nordic power curve this morning, players argue that the good fundamental situation gives little upside potential in the front quarter. Meanwhile, some players are arguing that weaker economic outlooks are also giving bearish impacts on the long end.
It is been a rather volatile morning in the Nordic power market, with the bellwether Q2-08 contract yo-yoing between EUR 40.50/MWh and EUR 41.20/MWh. It was last seen at EUR 41.10/MWh, up 60 cents from yesterday."The market came down early on but then it seemed like players said stop. The weather forecasts are slightly drier than yesterday, but still wetter and milder than normal," a Swe

Mittwoch, 6.02.2008, 11:19 Uhr
Redaktion
Energie & Management > Commentary - Nordic Market -
Commentary
Nordic Market - "Fundamentals count"
Although prices are adjusting slightly up on the Nordic power curve this morning, players argue that the good fundamental situation gives little upside potential in the front quarter. Meanwhile, some players are arguing that weaker economic outlooks are also giving bearish impacts on the long end.
It is been a rather volatile morning in the Nordic power market, with the bellwether Q2-08 contract yo-yoing between EUR 40.50/MWh and EUR 41.20/MWh. It was last seen at EUR 41.10/MWh, up 60 cents from yesterday."The market came down early on but then it seemed like players said stop. The weather forecasts are slightly drier than yesterday, but still wetter and milder than normal," a Swe

Mittwoch, 6.02.2008, 11:19 Uhr
Redaktion

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