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GO Week 2 Overview - Price Rebound for 2022 and 2023 Contracts

  • Prices for Nordic Hydro vintages increased by more than 1 EUR/ MWh for 2022 production towards the end of the trading week, while 2023 and 2024 production followed this price trend.
  • Recorded transactions have been similarly evenly distributed among 2022, 2023 and 2024 production reflecting market activity picking up after the new year.
  • We released our updated forecast for end-of-the-year GO supply in the EECS market area, which shows 55TWh lower than GO issuances in 2021

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