Monday, 02 September 2019
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The last week of trading in August saw a further weakening of market activity and a continuation of the negative price pressure and momentum seen in the GO market this summer. Lacking liquidity can be attributed to market players awaiting for results from market events, especially the upcoming French auction.
Nordic Hydro 2019 closed at 33.50 Eurocent/MWh, down 3.5 Eurocents from the previous week (week 34). Prices for Nordic Hydro vintages 2020 and later saw another slight decrease and now trade between the 60-75 Eurocent/MWh price range. Wind GOs continue to trade in a similar price range as their Nordic Hydro counterparts.
The Greenfact Index, which follows the mo...