Monday, 17 September 2018
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The second week of September saw a significant slowdown in market activity from the trend seen in the last weeks. The prices increased for 2019 production, both for wind and hydro. Wind GOs for 2019 production are now trading near 2.5 Euro/MWh, while Nordic Hydro 2019 was last traded at around 2.36 Euro/MWh. The price increase seen Tuesday and the slowdown in market activity were likely caused by uncertainties in the market as it awaits for updated metrological data and forecasts to determine the full effect of the warm and dry summer, as well as the expected hydrological output th...