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

Highlights:

  • 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

Power Trading Volume According to the statistics from our data partners, this week saw a significant increase in trading volume, with a weekly growth rate of 44% compared to the week prior. This was likely due to the approaching electricity disclosure de...

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