Donnerstag, 31.01.2002, 15:27 Uhr
(powernews.org) - Thursday opened sweet and low, and all bull incentives are gone for the time being as next week is predicted weak, due to high production, no export and low consumption. All weather prognoses agree on high temperatures and lots of precipitation, and the producers have now decided to produce at full output to get rid of the water. Expectations are that the market could crash-land over the weekend, and a Norwegian trader said today that we should expect Summer02 to fall below NOK 130, and the spot to drop to the 160s NOK/MWh.