Monday, 20 May 2019
Interactive charts, tables and graphics removed. Subscribers see full content
The third week of May saw a significant increase in market activity. The market remained bearish despite increased liquidity, due to low demand.
Nordic Hydro 2019 closed at 61 Eurocent/MWh, down from 71 Eurocent/MWh in the week before. All Nordic Hydro vintages now trade below the 1 Euro/MWh mark. The premium of Wind GOs to Nordic Hydro, production year 2020 and later has closed. Hydro and Wind forward contracts now trade around the 1 Euro/MWh price point.
The Greenfact Index, which follows the movements of the market, closed at 94 points on Friday, down from 101 points on closure in week 19.
The outlook remains uncertain in t...