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Weekly GO Market Brief – Week 26, 2019

Monday, 01 July 2019

Elias Borøchstein Syslak

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Last week’s trading

The last week of trading in June was characterised by continuing lack of liquidity, further exacerbated by the traditional summer slowdown.

Nordic Hydro 2019 closed at 43.50 Eurocent/MWh, down from 46.50 Eurocents.Nordic Hydro vintages 2020 and later now trade in the 70 to 73 Eurocent/MWh range. Wind GOs have in recent months traded at a premium over Nordic Hydro, but following the price drop last week the products trade at comparable prices.

The Greenfact Index, which follows the movements of the market, closed at 66 points on Friday, down 9.5% from 73 points from the previous week (25).

This week

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