Monday, 27 January 2020
Trading during week 4 saw an significant increase in market activity and traded volumes from recent weeks. Despite the increase in trading activity, the prices continued to weaken due to bearish factors such as the mild weather in Europe this winter.
All Nordic Hydro vintages saw considerable price drops, with 2020 production trading at 25.00 Eurocent/MWh, while Nordic Hydro 2021, 2022 and 2023 saw their price range slashed to 40-60 Eurocent/MWh.
Wind GO products have seen few trades in 2020, hence it is unclear if the premium over their Hydro GO counterparts will persist, and how large the premium will be.