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Weekly GO Market Brief - Week 24, 2018

Monday, 18 June 2018

Elias Borøchstein Syslak

The market picked up during last weeks trading, with much larger volumes, than seen in recent weeks, being traded both for wind and hydro production. 

The market continued to be short on sellers considering the high demand for wind which has driven the premium for Nordic Wind spot to almost 50 cents over Nordic Hydro spot. From a supply side, the low production combined with high volumes already sold looks to be driving this premium. Another factor might be the increased willingness-to-pay by end users, as it is reported that Swedish Wind is seeing increased popularity among end users, despite the high price. The expectation is that demand will remain strong for the c...

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