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Weekly GO Market Brief – Week 23, 2020

Monday, 08 June 2020

Elias Borøchstein Syslak

The first week of trading in June saw markets slowing down following the recent price hike. Products that traded saw prices falling slightly, with market conditions still recovering from the late April low point.

Hydro GOs saw trades across a range of vintages, with 2020 production trading slightly down during the week, closing at 17.75 Eurocent/MWh. Nordic Hydro 2021 production closed at 34.50 Eurocent/MWh, down from 37.50 Eurocent/MWh in week 22.

Wind GOs also saw trades in the previous week, with 2020 production closing at 21.50 Eurocent/MWh. Again, pointing to Wind GOs maintaining a pre...

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