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GO Week 32 Overview - Prices skyrocket, Nordic Hydro 2023 exceeds 3 Euros/MWh

Friday, 12 August 2022

Leo Robert

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Highlights

  • Prices for Nordic Hydro vintages increased this week with the highest price increase witnessed in the 2022 vintage.
  • Recorded transactions and volumes increased by 19% and 44% respectively. 2022 and 2023 production GOs have 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% in Week 31 of 2022.

According to data from our data partners, this week saw higher activity in terms of recorded transactions and volumes. Trading activity this week was more focused on current year and short-term forward year. The share of 2022 production volumes increased, to reach 56%.

No trades for the 2025 vintage were recorded.

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