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GO market overview July 2021

Thursday, 19 August 2021

Kumara Rathnam

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  • Trading activity dropped significantly in July with the number of transactions and registered volumes with our data partners decreasing by 79% and 68% when compared to June respectively. 

  • GO prices in July increased for most products when compared to June. Nordic Hydro 2021 GOs were traded at 48.5 Eurocent/MWh (14% increase) from the previous month.

  • Forward year production transactions (2022-2026) had the larger share of transactions at 50%, indicating increased interest in hedging forward portfolios. 

Trading activity registered with our data partners in July decreased when compared to June with the number of transactions and registered volumes decreasing by 79% and 68% respectively, as most market players were out on summer vacation.

Transactions associated with the current ye...

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