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GO Week 36 Overview - Price corrections for Nordic and EU Hydro?

Friday, 09 September 2022

Leo Robert

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Highlights

  • Prices for 2022 and 2023 vintages experienced a hectic week with the highest price increase (in value and percentage) witnessed for Nordic Hydro 2021.
  • Recorded transactions and volumes moved by -12% and -17% respectively. 2022 and 2023 production GOs have the largest share of recorded transactions this week.
  • The Nordic hydropower reservoir levels lost ground this week, down by 1%.

According to data from our data partners, this week saw lower activity in terms of both recorded transactions and volumes. Trading activity this week was more focused on the current and short-term forward year (especially 2022). The share of 2022 production volumes increased, reaching 60% (24% last week).

A few trades for 2026 were observed, but none for 2024 and 2025.

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