Weekly GO Market Brief – Week 31, 2020

The last week of trading in July saw a return of buying interest from fundamental buyers as well as other market players, with market activity significantly increasing after a period of slow market conditions seen during the summer slowdown. The increased liquidity drove prices up, especially for products further out on the curve, to a price level similar to what was seen during May 2020.

Nordic Hydro GO 2020 production traded at 18.50 Eurocent/MWh, which is a slight increase from previous trades in July.  Nordic Hydro GOs further out on the curve saw a more significant pric...