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Weekly GO Market Brief - Week 05, 2022

Monday, 07 February 2022

Selma P. Utonih

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Author: Selma P. Utonih

Highlights:

  • Market activity significantly increased in the first week of February.
  • Prices for all recorded Nordic Hydro vintages increased with the highest price increase witnessed in the 2021 production product.
  • 2021 and 2022 production GoOs had the largest share of recorded transactions last week and the increase in 2021 prices has been partly attributed to higher demand for the product ahead of disclosure deadlines.
  • The Nordic hydropower balance decreased by about 1.5% in Week 4 of 2022 yet hydropower production remains high and is forecasted to increase in the current week by 0.3 TWh above the norm.

According to data from our data partners, last week saw a significant inc...

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