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Weekly GO Market Brief - Week 29, 2021

Friday, 23 July 2021

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This week’s trading
  • Week 29 witnessed stable market prices combined with low market activity.
  • Traded volumes decreased by 80% and number of transactions by 75%.

According to data from our data partners, this week saw a continued decrease in market activity as transactions recorded and traded volumes decreased significantly by 75% and 80%  respectively when compared to Week 28.  

Current year (2021) transactions accounted for a 41% share of the total. Forward curve transactions (2026) accounted for a majority share at 59%, a 5% increase compared to Week 28. 

Nordic Hydro & Biomass

This week saw the Nordic Hydro 2020 production GO vintage closing unchanged at 39 Eurocents/MWh, but a 6 Eurocent increase compared to prices witnessed last month. 

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