GO Week 21 Overview - GoO prices remain fairly stable as reservoir levels slowly recover

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Highlights:

• Prices for Nordic Hydro vintages remained fairly stable this week with the highest price increase witnessed in the 2021 vintage. 
• Recorded transactions and volumes increased by 39% and over 100%  with 2023 production GOs having the largest share of recorded transactions this week as participants continued hedging forward year consumption. 
• The Nordic hydropower reservoir levels continue to slowly recover having increased by 2.8% in Week 20 of 2022. 

According to data from our data partners, this week saw an increase in market activity when compared to the week prior. Recorded transactions and volumes traded increased by 39% and over 100%, respectively, compared to the week prio...