Weekly GO Market Brief – Week 10, 2020

Last week saw the markets continue to slow down, with illiquidity following the negative market sentiment rocking other financial and commodity markets.

Nordic Hydro 2020 was traded at 23.25 Eurocent/MWh, up 0.25 Eurocent, while 2021 was traded at 34 Eurocent/MWh, down 2 Eurocent. Only two Nordic Hydro vintages were traded, 2020 and 2021 production. Nordic Hydro 2022 and 23 had indicative prices 45 and 52 Eurocent/MWh, respectively.

Wind GOs did not see any trades in the slow market last week, but indicative bid/ask prices pointed to a premium around 4-6 Eurocents/MWh over their Nordic Hydro GO counterpart...