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Weekly GO Market Brief - Week 13 &14, 2021

Friday, 09 April 2021

Selma P. Utonih

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This week’s trading

Trading activity from our data partners between Week 13-14 was low which wasn't a surprise considering the Easter Holiday that occurred in the previous week.  

Nordic Hydro

The current year Nordic Hydro 2021 vintage closed the week at 26.5 Eurocents/MWh a 3% increase from the start of the week. In the forward markets, Nordic Hydro 2022 and 2023 production GOs traded at 36.5 Eurocents/MWh and 42.5 Eurocents/MWh a respective 2% and 11% increase compared to Week 13 prices. 

For reference purposes above is the Nordic hydrological balance and Nordic Hydro 2020 production ...

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