Interview on the current situation for GOs in Spain with Statkraft's Ignacio Domecq

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Spain has an export application deadline for GOs produced in the previous year on the 31st of January. Prior to the deadline this year, a lot of Spanish GOs were made available on the market. What are some of the reasons for this increase in January, and do you expect this to reoccur in the following years? 

This has been a common market mechanism in the Spanish GOO market since the early days. There is apparently a lot of scepticism amongst the producers about selling the production before it’s issued by CNMC. Therefore they wait for CNMC to check the final metering data and issue the exact volume before going to the market. We have see...