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This week’s trading
- Recorded increase in market traded volumes (83%) and transactions (43%)
- Decrease witnessed in market prices for Nordic Hydro GOs
- Market sentiments continue to be mixed in regards to the current outlook on GO prices with some participants waiting to see the direction of prices before balancing portfolios.
- Spanish domestic GOs expected to be in the 30-35 Eurocent/MWh range.
The last week of May saw a significant increase in market activity with increases in traded volumes (83%) and transactions (43%) recorded from our data partners compared to the previous week. 50% of the recorded transactions were forward market transactions as market participants balanced their forward curve portfolios, however, it was a slight decrease from the previous week. Current year (2021) t...
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