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GO Week 47 Overview - Is Nordic Hydro going to reach 10 Euros/MWh?


  • Prices for Nordic Hydro vintages maintained upward trends, with the highest weekly growth rate in the 2023 production, the same as last week.
  • Recorded transactions concentrated in GOs for 2022 and 2023 production (though overall transactions decreased by 46%), while traded volumes decreased by 56%.
  • 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 Activity According to the statistics from our data partners, this week saw persistent price increases, but with fewer transactions and volumes. This week's trading activity focused on 2022 and 2023 production contracts, with 45% (+11% po...

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