Weekly GO Market Brief - Week 48, 2020

The second week (47) of trading in November saw similar activity in trade volumes and transactions to the week prior (46).

Current year Nordic Hydro GOs sold at 11.3 Eurocent/MWh, about a 0.5 Eurocent increase on the previous week (10.75 Eurocent/MWh).

Nordic Hydro GOs also saw increases in prices for forward markets with 2021, 2022, and 2023 vintages trading at 30 (20.9 the previous week), 39.4 (30.4) and 40.5 (34.1) Eurocents/MWh respectively.

Current year EU Hydro sold at 15 Eurocent/MWh, a marked increase from the previous week (11.5 Eurocent/MWh). EU Wind current year also saw some trades at 16 Eurocent/MWh, a 1 Eurocent premium on th...