Weekly GO Market Brief - Week 10, 2021

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This week’s trading

In the second week of March, trading activity from our data partners was low when compared to the previous week.  As expected market activity was dominated by 2020 production GOs. 

Nordic Hydro

Nordic Hydro 2020 vintage closed the week at 11 Eurocents/MWh a 22% increase from last week's prices. In the forward markets, Nordic Hydro 2022 production GOs traded at 33.25 Eurocents/MWh an over 2 Eurocent decrease from the previous month. 

For reference purposes above is the Nordic hydrological balance and Nordic Hydro 2020 production GO price curves. The No...