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Energie & Management > Commentary - Nordic Market - New bull
Commentary

Nordic Market - New bull

The Wednesday market was bullish, seeing weather outlooks turning a little drier again. The summer contract was lifted back above 240 NOK/MWh, but the future developments remain somewhat uncertain, players argued this morning.
- Also the meteorologists seem uncertain about the weather developments ahead, but more precipitation than predicted was delivered the last 24 hours and it’s a long time since that happened. The next few days we expect some more precipitation to deliver, possibly with a little extra pressure on the spot, but if next week becomes as dry as it looks this morning we may have seen the lowest

Mittwoch, 21.04.2004, 11:56 Uhr
Energie & Management > Commentary - Nordic Market - New bull
Commentary
Nordic Market - New bull
The Wednesday market was bullish, seeing weather outlooks turning a little drier again. The summer contract was lifted back above 240 NOK/MWh, but the future developments remain somewhat uncertain, players argued this morning.
- Also the meteorologists seem uncertain about the weather developments ahead, but more precipitation than predicted was delivered the last 24 hours and it’s a long time since that happened. The next few days we expect some more precipitation to deliver, possibly with a little extra pressure on the spot, but if next week becomes as dry as it looks this morning we may have seen the lowest

Mittwoch, 21.04.2004, 11:56 Uhr

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