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Commentary

Nordic Market - Warm, wet and windy

Extreme weather conditions are likely to push the system price below 200 NOK/MWh tomorrow, while the forwards market continues down on persistent bearish weather outlooks.
Tomorrow, temperatures are forecast to be some six degrees higher than normal, precipitation levels will be four times of normal and wind power will reach 80 per cent of maximum output, according to SMHI. Hence, the question for tomorrow is only how far down the spot will drop from today’s 207.22 NOK/MWh.– I think it will drop to 195 on the change in weather, says trader Lars
Mittwoch, 29.12.2004, 11:44 Uhr
© 2024 Energie & Management GmbH
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Donnerstag, 30.12.2004, 11:54
Nordic Market - Goodbye 2004
The market is adjusting slightly up on the last trading day of 2004. However, there is no sign that the strong bear trend will disappear into the new year.
Energie & Management > Commentary - Nordic Market - Goodbye 2004
Donnerstag, 30.12.2004, 11:54
E&M  Commentary
Nordic Market - Goodbye 2004
The market is adjusting slightly up on the last trading day of 2004. However, there is no sign that the strong bear trend will disappear into the new year.
mehr
E&M  Commentary
Dienstag, 28.12.2004, 11:59
Nordic Market - Christmas sale
Prices have taken a real beating this morning on even wetter and milder weather forecasts than yesterday. The SO-05 contract has dropped below 186 NOK/MWh.
Energie & Management > Commentary - Nordic Market - Christmas sale
Dienstag, 28.12.2004, 11:59
E&M  Commentary
Nordic Market - Christmas sale
Prices have taken a real beating this morning on even wetter and milder weather forecasts than yesterday. The SO-05 contract has dropped below 186 NOK/MWh.
Energie & Management > Commentary - Nordic Market - Warm, wet and windy
zurück
Commentary
Nordic Market - Warm, wet and windy
Extreme weather conditions are likely to push the system price below 200 NOK/MWh tomorrow, while the forwards market continues down on persistent bearish weather outlooks.
Tomorrow, temperatures are forecast to be some six degrees higher than normal, precipitation levels will be four times of normal and wind power will reach 80 per cent of maximum output, according to SMHI. Hence, the question for tomorrow is only how far down the spot will drop from today’s 207.22 NOK/MWh.– I think it will drop to 195 on the change in weather, says trader Lars
Mittwoch, 29.12.2004, 11:44 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
mehr
E&M  Commentary
Donnerstag, 30.12.2004, 11:54
Nordic Market - Goodbye 2004
The market is adjusting slightly up on the last trading day of 2004. However, there is no sign that the strong bear trend will disappear into the new year.
Energie & Management > Commentary - Nordic Market - Goodbye 2004
Donnerstag, 30.12.2004, 11:54
E&M  Commentary
Nordic Market - Goodbye 2004
The market is adjusting slightly up on the last trading day of 2004. However, there is no sign that the strong bear trend will disappear into the new year.
mehr
E&M  Commentary
Dienstag, 28.12.2004, 11:59
Nordic Market - Christmas sale
Prices have taken a real beating this morning on even wetter and milder weather forecasts than yesterday. The SO-05 contract has dropped below 186 NOK/MWh.
Energie & Management > Commentary - Nordic Market - Christmas sale
Dienstag, 28.12.2004, 11:59
E&M  Commentary
Nordic Market - Christmas sale
Prices have taken a real beating this morning on even wetter and milder weather forecasts than yesterday. The SO-05 contract has dropped below 186 NOK/MWh.

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