Friday, 14 May 2021
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The second week of May saw a decrease in market activity with decreased traded volumes and transactions from our data partners compared to the boost seen last week. 77% of the recorded transactions were forward market transactions with Hydro GOs being the dominant product traded.
This week most Nordic Hydro GOs vintages (except 2020 vintage) saw price increases with forward year vintages experiencing over 10% increase compared to the previous week. The Nordic Hydro 2020 vintage closed the week at 20.25 Eurocents/MWh a 1% decrease compared to the previous week. Current year Nordic Hydro GOs 2021 vintage experienced an 11% increase closing the week at 51 Eurocent/MWh compared to last week. Further along the curve, Nordic Hydro 2022, 2023 and 2024 v...