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Energie & Management > Commentary - Nordic Market - Strong spot corrects the price
Commentary

Nordic Market - Strong spot corrects the price

With a strong system price and weather forecasts looking slightly drier than before the weekend, Monday started off with a substantial price-lift. A Swedish trader wasn’t surprised that the market lifted this morning, but believed it was temporary.
– That the autumn contract would correct to 286/287 was expected, but not that it should be lifted more than that. But, the Monday spot was high, Formark1 was out of operation and may not have been reported in for today, and less water was delivered this weekend. Now Forsmark2 in delayed until Wednesday. On the other hand, the weather forecasts aren’t very dry, and for the time bein

Montag, 12.07.2004, 12:05 Uhr
Energie & Management > Commentary - Nordic Market - Strong spot corrects the price
Commentary
Nordic Market - Strong spot corrects the price
With a strong system price and weather forecasts looking slightly drier than before the weekend, Monday started off with a substantial price-lift. A Swedish trader wasn’t surprised that the market lifted this morning, but believed it was temporary.
– That the autumn contract would correct to 286/287 was expected, but not that it should be lifted more than that. But, the Monday spot was high, Formark1 was out of operation and may not have been reported in for today, and less water was delivered this weekend. Now Forsmark2 in delayed until Wednesday. On the other hand, the weather forecasts aren’t very dry, and for the time bein

Montag, 12.07.2004, 12:05 Uhr

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