GO Week 46 Overview - Nordic Hydro GOs close to 8 EUR/MWh

Highlights

Prices for Nordic Hydro vintages maintained upward trends, with the highest weekly growth rate in the 2023 production
Recorded transactions concentrated in GOs for 2022 and 2023 production, while traded volumes for spot GOs (2022) decreased by 19% and 2023 production held the largest shares of total trading volume this week.
Considering the general recovering hydro reservoir levels and expected reduction in electricity consumption, the undersupply for 2022 Hydro GOs may be improved towards the end of the year.

POWER Trading Volume According to the statistics from our data partners, this week saw persistent price increases in terms of recorded transactions while volume traded decreased by around 16% compared to the week prior. Trading activity this week was fo...

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