Weekly GO Market Brief – Week 39, 2019

The last week of trading saw improving liquidity in the GO markets along with an increase in prices. The completion of highly anticipated market events such as the French auction have provided more clarity for market participants to trade.

Nordic Hydro 2019 closed at 35.50 Eurocent/MWh, up 3.00 Eurocents from 32.50 closing in week 38.  Prices for Nordic Hydro vintages 2020-2022 continued to increase with the increased liquidity, and closed in the range of 75-90Eurocent/MWh. Wind GO products traded at a slightly reduced premium compared to Nordic Hydro. 

This Week

We expect marke...