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Weekly GO Market Brief – Week 9, 2020

Monday, 02 March 2020

Last week saw the market trade down on low volumes, with a negative market sentiment rocking other financial markets the lacking liquidity continued in the GO market as it continued to trade down during this unusually mild winter. 

Nordic Hydro saw trades across the range of vintages from 2020 to 2023 production, trading significantly down from the previous week.  Nordic Hydro 2020 production traded at 23.00 Eurocent/MWh, down 4.5 Eurocent  from 27.50 Eurocent/MWh in week 8. Nordic Hydro 2021-2022 both saw trades within the price range of 36-46 Eurocent/MWh for an average price fall of 4 Eurocent/MWh.

Wind GO vintage 2020 traded again, maintaining a premium over their Nordic Hydro GO count...

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