GO Week 3 Overview - Cautious selling interest and rebounding prices across the board

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Highlights

• The 2022 GO vintage has the highest liquidity, although the 2023 Nordic Hydro GO price remained dominant, closing at 819 Eurocents/MWh.

• With the approaching disclosure deadline for covering green electricity consumption (the end of March) and reduced GO supply in 2022, there seems to be little rationale for lower GO prices near term.

• The rising liquidity for forward GOs was witnessed, with the 2027 production entering the wholesale trading market.

Table of Content

POWER

Trading Volume 

According to the statistics from our data partners, the trading volume in the we...