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This week’s trading
- Recorded decrease in market traded volumes (50%) and number of transactions (21%).
- Continued decrease witnessed in market prices for Nordic Hydro GOs (2021 vintage was traded on Friday at an average price of 38.3 Eurocents/MWh).
According to data from our data partners, the second week of June saw a decrease in market activity with a 21% and 50% decrease in transactions recorded and traded volumes when compared to Week 22.
A majority of the transactions recorded were for 2020 and 2021 production accounting for 93% of total recorded transactions, with each accounting for roughly 46%. Forward curve transactions made up a 7% share.
This week, Hydro GOs represented 74% of recorded transactions a 1% increase compared to Week 22, which was followed by Wind GOs.
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