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Weekly GO Market Brief – Week 50, 2019

Monday, 16 December 2019

The second week of trading in December saw weakening prices alongside moderate market activity

Nordic Hydro 2019 and 2020 production closed at 18.50 and 50.75 Eurocent/MWh, 3.5 and 5.25 Eurocent down from the previous week, respectively. 2021 and 2022 vintages saw a more flat market development, with prices hovering in the 75-80 Eurocent/MWh price range .

Wind GO products saw their premiums grow as Nordic Hydro GOs traded down, premiums for 2020-2022 production now hover in the 2-6 Eurocent range. It is unclear if this premium will persist or if it is simply lagging behind.

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