Forward prices are pushing towards support levels this morning as the forecast have turned wetter and milder overnight. The system price is expected to drop further south for tomorrow.
– We are trading in the very bottom of the current range, and we may break through on the downside already today, a Norwegian trader said. However, he did not rule out that the reservoir figures, which are likely to drop 1.5-2 per cent, may trigger a temporary correction tomorrow.The V1-05 contract opened at 249 NOK/MWh today, but has traded down to ground at 247.50 during morning
Dienstag, 30.11.2004, 11:58 Uhr
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