GO Week 29 Overview - Nordic Hydro prices rise amidst low reservoir levels

  Interactive charts, tables and graphics removed. Subscribers see full content

Highlights

• Prices for Nordic Hydro vintages increased this week with the highest price increase witnessed in the 2024 vintage.
• Recorded transactions remained stable but recorded traded volumes decreased by 31% with 2022 and 2023 production GOs having the largest share of recorded transactions this week.
• The Norwegian hydropower reservoir levels continue to recover but at a slower pace, having increased by 1.7 % in Week 28 of 2022.

According to data from our data partners, this week saw stable activity in terms of recorded transactions however volume traded this week decreased by 31% compared to the week prior.

Trading activity this week was more focused on current year and short-term forward year 2...