Monday, 03 December 2018
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The last week of November saw an increase in both the overall GO price level and volumes traded, for what has been a rather illiquid month. Forward prices (2019 vintage and onwards) for both hydro and wind has found support, with higher volumes, above the 170 Eurocent/MWh threshold.
The Greenfact Index closed at 280 on the last day of November, making it the highest point of the month. Overall the index saw a 18 point (6.87%) increase in November, a trend mainly driven by increasing prices for Nordic Hydro GOs. The Index also highlights a convergence of GO prices, especially Nordic Hydro and Wind GO prices.