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GO market overview December 2020

Tuesday, 12 January 2021

Kevin Lim

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Main points for last month:

  • Trading activity low due to holiday period
  • Nordic Hydro 2020 held steady at 11.1 Eurocent/MWh
  • Likely to pick up for new year, particularly 2024 production

Trading activity was lower compared to December, with the market on hiatus essentially for more than a week over Christmas.

Current year (2020) Nordic Hydro held steady at 11.16 Eurocent/MWh. Current year trades comprised the majority of all transactions (67%). Together with the low overall activity for the month, it suggests players may be withholding transactions for future production until the new year.

Spread between production years

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