Monday, 19 November 2018
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Prices increased slightly last week with trade volumes picking up towards the end of week. Prices for forward years (2019 vintage and onwards) have seemed to settle comfortably above the 160 Eurocent/MWh threshold, in line with our expectations. The Greenfact Index continues to reflect a stable market, closing at 271 points on Friday, up 8 points in the last week.
We still expect a moderate price increase in the coming weeks. The price increase will likely be demand driven by buying interest from primary market participants looking to adjust their portfolios before the end of the year.