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12. February, 2026

Norwegian hydrological balance approaching historical low pushes GO prices up

EACs
Christos Mavrogiannis

On Wednesday, 11 February 2026, NVE published their data on the hydrological balance (the week’s difference of the sum of energy content in reservoirs, snow, groundwater and soil from the last 20 years average) in Norway. The data reveals a worsening hydrological balance which in week 6 reached 21.6 TWh below normal, approaching the historical minimum recorded in 2010 of –23.2 TWh.

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Carbon
EU ETS1, EU ETS2, North American Carbon, GCC
Carbon
EU ETS1, EU ETS2, North American Carbon, GCC
Fuels
Biomethane, Transport fuels
Fuels
Biomethane, Transport fuels
Power Purchase
Agreements (PPAs)
Asset valuation, Deal flow, Market prices
Power Purchase
Agreements (PPAs)
Asset valuation, Deal flow, Market prices
Energy Attribute Certificates (EAC)
GOs, REGOs, Global Certificates
Energy Attribute Certificates (EAC)
GOs, REGOs, Global Certificates

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