Weekly GO Market Brief - Week 06, 2022

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Author: Selma P. Utonih

Highlights:

• Market activity decreased by about 45% in the second week of February, according to data from our partners.
  
• Prices for all recorded Nordic Hydro vintages increased with the highest price increase witnessed in the 2022 production product.
• 2022 production GoOs had the largest share of recorded transactions last week attributed to increasing demand from participants hedging current year consumption.
• The Nordic hydropower balance decreased by about 2.3% in Week 5 of 2022, hydropower production decreasing slightly and forecasted to decrease in the current week by 1 TWh below the norm.

According to data from our data partners, last week saw a decrease in market activity when compared to the previous week with recorded transactions and v...