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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.


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