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Weekly GO Market Brief – Week 17, 2019

Monday, 29 April 2019

Elias Borøchstein Syslak

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Last week’s trading

Last week saw the market trading with negative momentum caused by lacking demand as market participants seemingly readjusted their portfolios and strategies for Q2. The slowdown may be partially attributed to falling prices in power and related markets.

The decreasing demand coupled with higher than expected production in Southern Europe brought Hydro 2019 down to 78.50 Eurocent/MWh, while the other Hydro vintages are now trading close to the 1 Euro/MWh mark. All Wind GO vintages now trade at a significant premium over their...

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