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GO Market Overview March 2020

Friday, 03 April 2020

Kevin Lim

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Main points for March:

  • Trading volumes and transactions are down.
  • Prices for all vintages continue to fall, with premiums between different technologies shrinking.

The EU Wind and Nordic Hydro 2019 vintages continue to drop in price, and now trade under 10 Eurocents.

The number of trades and trade volumes have declined for each month in the third quarter, with March down 43% from February on both trade volumes and transactions.  

Most trades in March conducted were for 2019 and 2020 vintage GOs. With Hydro GOs (both Nordic and EU) accounting for almost 80% of the transactions.

Spread between production years

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