Prices are considerably down across the board this morning, with the SO-05 contract dropping below 150 NOK/MWh. – It is all due to the extraordinary mild and wet weather, a trader says.
Another storm, Inga, is currently bringing huge amounts of precipitation and strong winds into western Scandinavia. It will also cause heavy wind power output inDenmark and Germany the next 24-hours. Consequently, the market expects a weaker spot for Thursday, with the latest day-ahead trade at Nord Pool being fixed at 177 NOK/MWh.– The spot price should drop a few NOK for tomorrow
Mittwoch, 12.01.2005, 11:38 Uhr
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