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Weekly GO Market Brief – Week 22, 2020

Tuesday, 02 June 2020

Elias Borøchstein Syslak

The last week of trading in May saw markets trading down following the recent price hike. A wide range of product still traded despite a slight slowdown in market activity, with market participants reducing their trading activity to rebalance their portfolios and set strategies for summer.

Hydro GOs saw trades across a range of vintages, with 2021 production closing at 37.50 Eurocent/MWh, down from 42.50 Eurocent/MWh in week 21. Nordic Hydro 2023 prices also fell and closed at 50 Eurocent/MWh.

Wind GOs also saw trades in the previous week, with 2022 production closing at 52.50 Eurocent/MWh. T...

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