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This week’s trading
- Recorded increase in traded volumes (36%) and number of transactions (46%).
- Decrease witnessed in forward market prices for some Nordic Hydro GOs vintages (2021 vintage closed the week at 44.75 Eurocents/MWh).
According to data from our data partners, the third week of June saw an increase in market activity with a 46% and 36% increase in transactions recorded and traded volumes when compared to Week 23.
Current year (2021) transactions and forward curve transactions accounted for 41% each of the total. Transactions for 2020 production GOs accounted for the remaining 18% share.
This week, Hydro GOs represented 64% of recorded transactions a 10% decrease compared to Week 23, followed by Solar GOs (18%), Wind GOs(9%) and Unspecified technology GOs (9%).
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