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Weekly GO Market Brief – Week 24, 2020

Monday, 15 June 2020

Kevin Lim

Trading in week 24 saw moderate market activity, with liquidity on the front years. Products that traded saw prices increase slightly, especially early in the week.

Hydro GOs saw trades across a range of vintages, with 2020 production trading up, closing at 18.50 Eurocent/MWh (from 17.75 Eurocent/MWh in week 23).  Nordic Hydro 2021 production closed at 37.00 Eurocent/MWh, up from 34.50 Eurocent/MWh in week 23, recovering from the slight price fall in week 22.

Wind GOs seemingly maintained their premium, with volumes trading around 3-5 cents above their Hydro GO counterparts. 

This week

The outlook is un...

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