The previous week saw a continuation of increased market activity, with trades further out on the curve seeing the most liquidity. A demand driven increase in activity pushed prices up for vintages 2021 through 2023 with support from fundamental buyers pointing to a return to more normal market conditions.
Nordic Hydro saw trades across a range of vintages, with 2021 production trading up to 25.00 Eurocent/MWh after starting the week at 21.75 Eurocent. Nordic Hydro 2022 and 2023 also saw trades of considerable volume during the week, with the prices closing at 33.00 and 37.00 Eurocent/MWh respectively.
This week
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