The latest EC update shows very cold weather next week. If this is realised, spot prices could rocket. So far this morning, the activity has been moderate, and the market players describe the market as difficult.
“The most interesting factor right now is whether it will get cold next week or not. If it gets as cold as EC00 shows, spot prices could be really high next week. On Tuesday, for instance, the system price could surge to 350 NOK/MWh,” says one analyst.A Swedish trader agrees that the spot prices could be given a boost next week. “The week contract is priced at around 29
Mittwoch, 23.11.2005, 11:50 Uhr
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