July GO Market Overview

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July saw lower activity in the market, resulting in fewer trades and a narrower range of vintages being traded. Despite this, there has been a rapid increase in VWAPs across all technologies and vintages. Nordic hydro vintage 2019 saw the largest increase of 37.4% from last month. This partly stems from the high temperatures in the Nordic regions which has led to a shortage in available hydropower. As temperatures are likely to rem...