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Weekly GO Market Brief - Week 8, 2022

Monday, 28 February 2022

Selma P. Utonih

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Author: Selma P. Utonih

Highlights:

  • Market activity increased significantly in the final week of February, according to data from our partners.
  • Prices for Nordic Hydro vintages decreased across all recorded vintage years with the highest price decrease witnessed in the 2023 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 7 of 2022, hydropower production is forecasted to increase slightly to an average of 3% above the norm between Week 9 to Week 11.

According to data from our data partners, last week sa...

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