Weekly GO Market Brief - Week 25, 2018

The market continued its positive momentum from last week, mainly driven by EU Wind 2018 which is now trading at a considerable premium over other 2018 products. As the July slowdown is approaching, we expect to see a convergence of hydro and wind prices again as market players look to adjust portfolios before summer.

The market has seen an increasing buying interest, but with low production, sellers seem to be quite bullish and looking to increase the premiums of their positions. This is seen especially with wind where there are several bids b...