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Weekly GO Market Brief – Week 8, 2020

Monday, 24 February 2020

Last week saw the market trade moderately down on a lack of fundamental buyers. The front is seeing the most pressure, which is carried through to other vintages.

Nordic Hydro saw trades across the entire range of vintages from 2019 to 2024 production, albeit with low demand prices weakened slightly for most products. Nordic Hydro 2020 production traded at 27.50 Eurocent/MWh, down from 28.50 Eurocent/MWh in week 7. Nordic Hydro 2021-2023 all saw trades in the size of 100GWh within the price range of 41-59 Eurocent/MWh for an average price fall of 1.5 Eurocent/MWh.

Wind GOs vintages 2020 traded o...

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