The front end of the Nordic curve is gaining further this morning, as forecasts are even drier than yesterday. However, the market is very uncertain at the moment, players say.
Despite dry forecasts, market players don't expect a quick strengthening of the system price. "There is a lot of water in the system. In southNorway, the reservoir filling is around 94-95 per cent, which means that around half of the reservoirs are full to the brim. Consequently there will be production pressure, and the NO1 price could stay below EUR 20 for some more weeks," one analyst
Mittwoch, 26.09.2007, 11:25 Uhr
Redaktion
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