Monday, 01 April 2019
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Last week saw a significant increase in market activity towards the end of the week. The return of buying interest from fundamental market participants pushed most prices above the 1 Euro/MWh threshold following the protracted drop in GO prices.
Prices rose for Nordic Hydro 2019 to 2022 GOs and are currently trading in the range of 105 to 108 Eurocent/MWh, while Wind 2019 to 2022 now trade in the range of 102 to 108 Eurocent/MWh. This is an average increase of 15 Eurocent/MWh across the products from 2019 vintages and onwards.
The Greenfact Index, which follows the movements of the market, closed at 127 points on Friday, up from 118 (+7.6%) in the prev...