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Weekly GO Market Brief – Week 45, 2019

Monday, 11 November 2019

Kevin Lim

The second week of trading in November saw an increase in market activity pushed by a greater demand than seen in the recent period of trading. This demand alleviated some of the price pressure seen on the the GO market recently. 

Nordic Hydro 2019 prices closed at  26.75 Eurocent/MWh, up from 26.25 Eurocent/MWh in Week 44, with a maximum price of 28.75 Eurocent/MWh. Nordic Hydro vintages 2020-2022 all saw trades last week within the 55-75 Eurocent/MWh price range, similar to previous weeks. Wind GO products maintained their premium to their Nordic Hydro counterparts, with premiums hovering around 2-10 Eurocents.

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