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Energie & Management > Commentary - Nordic Market - Temporary downside
Commentary

Nordic Market - Temporary downside

The market opened down but strengthened throughout the morning session. Uncertainty regarding the placing of the low turned the market around this morning, a Norwegian player said, but he and a Swedish player both argued that prices would continue down for a while.
- Right now the spot is under pressure and inflows are increasing during the weekend, affecting even the NO1 price. Some time after the weekend I think we’ll see the spot fixed at around 240 NOK/MWh on weekdays, while this weekend it could come down towards 230 NOK/MWh. The downside is only temporary, however, and as the snow melting eventually comes to an end prices will either flatten o

Donnerstag, 15.04.2004, 11:58 Uhr
Energie & Management > Commentary - Nordic Market - Temporary downside
Commentary
Nordic Market - Temporary downside
The market opened down but strengthened throughout the morning session. Uncertainty regarding the placing of the low turned the market around this morning, a Norwegian player said, but he and a Swedish player both argued that prices would continue down for a while.
- Right now the spot is under pressure and inflows are increasing during the weekend, affecting even the NO1 price. Some time after the weekend I think we’ll see the spot fixed at around 240 NOK/MWh on weekdays, while this weekend it could come down towards 230 NOK/MWh. The downside is only temporary, however, and as the snow melting eventually comes to an end prices will either flatten o

Donnerstag, 15.04.2004, 11:58 Uhr

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