Weekly GO Market Brief - Week 50, 2021

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• Market activity by volumes traded decreased by 25% from Week 49.
• Prices for most GO products were broadly stable. 
• Nordic hydropower balance decreased by about 3% in Week 49.

According to data from our data partners, last week saw a decrease in market activity compared to the previous week with recorded transactions and traded volumes decreasing by 7% and 25% respectively compared to Week 49.

Traded volumes associated with the current year 2021 production accounted for a 39% share which could be attributed to market participants balancing their current year portfolios, while 2022 production volumes followed with a 51% share. In the forward markets, volumes for 2023-2024 production had a 10% share of the recorded transactions showing lesser forward curve hedging interests during the wee...