Friday, 15 March 2019
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Dutch GO prices have remained relatively stable during the last couple of months, while the prices of other GOs have fallen significantly. The month of February, however, was characterized by few Dutch trades and volume-weighted average prices (VWAP) were down 9% on average from January. Dutch Wind fell by 11% and Dutch Biomass by 7%.
* Last traded prices.
The Dutch wholesale electricity price (day ahead) fell in February, meaning that the ratio of Dutch Wind GOs to the electricity price continued to increase, reaching 15.2%. In comparison, the ratio of Nordic Hydro GOs hovers around 3% of the German power price.