Friday, 07 May 2021
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The first week of May saw a major boost in market activity with trading activity from our data partners showing a significant increase in traded volumes and transactions compared to the previous week. Trades further out on the curve saw the most liquidity making up 74% of transactions recorded. Possible factors that could've contributed to the increase in activity this week and the previous weeks are discussed below.
This week Nordic Hydro GOs saw price increases of over 20% across all vintages. The Nordic Hydro 2020 vintage closed the week at 20.5 Eurocents/MWh an almost 7 Eurocent increase compared to the previous week. Nordic Hydro GOs 2021 and 2022 production vintages have increased over 35% closing the week at 46 Eurocent/MWh and 56.75 Eurocent/...