Weekly GO Market Brief - Week 07, 2022

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Author: Kumara Rathnam

Highlights:

• Market activity decreased significantly in the third week of February, according to data from our partners.
  
• Prices for Nordic Hydro vintages increased slightly 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 % in Week 6 of 2022, hydropower production is forecasted to decrease slightly to an average of 6% below the norm between Week 8 to Week 10.

According to data from our data partners, last week saw a decrease in market activ...