Monday, 25 January 2021
The third week of the year saw a dip in market activity with a significant decrease in trade volumes and transactions when compared to the previous week. Market activity seemed to be more focused on 2020 production GOs with less activity seen in the forward and current year markets.
Nordic Hydro 2020 production GO vintages had the larger share of the trades starting the week off at 10 Eurocents/MWh and closing the week at 10.5 Eurocents/MWh, a minor increase from Week 2 prices.
EU market prices
In the forward markets, Hydro GOs under the Swedish ecolabel Bra Miljöval saw trades for 2022 production closing at 4.7 SEK/MWh while in Spain, domestic Spanish Wind GOs for 2021 production traded at a premium to all other GO products observed in the week, closing at an average price of 21 Eurocents/MWh...