More bearish weather outlooks have pushed the market a few NOK down this morning. Liquidity is low, however, as players have respect for the temperature sensitive system price.
“The capacity situation is not very good at present since much coal power is out of operation. Since it takes time to restart the coal fired plants, we have leaps in the spot prices when it suddenly turns cold,” says trader Atle Sørsdal at Hafslund.Today’s spot was lifted to 220 NOK/MWh in the price areas outside hydro-rich Norway due to a combination of less wind, lowe
Dienstag, 1.02.2005, 12:03 Uhr
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