Monday, 29 June 2020
Trading in the previous week saw a slight recovery from the recent illiquid market conditions, with a larger selection of vintages and technologies trading. Despite a larger range of trades prices continued to trend slightly down during the week.
Hydro GOs saw most liquidity on the front years, with 2020 production trading slightly down, closing at 16.25 Eurocent/MWh (from 18.00 Eurocent/MWh in week 25). While Nordic Hydro 2021 production closed at 30.00 Eurocent/MWh, down from 31.50 Eurocent/MWh in week 25. Products further out on the curve also saw prices fall from their most recent trades.
Wind GOs seemingly maintained their premium despite falling prices, with volumes still trading around 2-5 cents above their Hydro GO c...