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Weekly GO Market Brief – Week 22, 2019

Monday, 03 June 2019

Kumara Rathnam

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Last week’s trading

The last week of trading in May saw low liquidity, with market participants reducing their trading activity to rebalance their portfolios and set strategies. Market activity usually suffers during May due to presence of several holidays. 

Nordic Hydro 2019 closed at 55.75 Eurocent/MWh, down from 59 Eurocent/MWh in the week before. Nordic Hydro 2020 and later still trade in the 80 Eurocent/MWh range. The premium of Wind GOs to Nordic Hydro grew again, but this may be attributed to the lack of liquidity for Wind GOs last week. 

The Greenfact Index, which follows the movements of the market, closed at 8...

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