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Weekly GO Market Brief - Week 38, 2020

Monday, 21 September 2020

Selma P. Utonih

The third week of trading in September saw another period of low market activity with a majority of trades in the forward markets and price decreases on most commodities.

Nordic Hydro 2020 traded at 14.25 Eurocent/MWh a 5% decrease from prices at the start of the week. Nordic Hydro 2021, 2022, 2023, and 2024 vintages also experienced minor 2-3 Eurocent decreases in price with production closing at 27.5 Eurocent/MWh, 37.5 Eurocent/MWh, 45.5 Eurocent/MWh, and 51.5 Eurocent/MWh respectively.

EU Hydro prices also decreased with 2020 production trading at 14.25 Eurocent/MWh while production vintages for 2021 traded at 26.75 Eurocent/MWh an almost 2 Eurocent decrease from the previous week.

However, EU biomass 2020 traded at 13.25  Eu...

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