The price hike that started after the summer was running too fast. Speculation itself became uncomfortable with the proportions reached.
News and updates from the world of renewables
The only way is up – October 2022
“The only way is up” was a good title at the beginning of this month. October has indeed seen the fastest ever price increase for guarantees of origin (GOs) in a month: +€1.75 to reach €5.95 on the 31st. After such a rally, it is tempting to quote again “The only way is up” as…
Consolidation of GO market – July 2022
The market of Guarantees of Origin (GOs) has felt the consequences of the intensity lived by the other energy markets in Europe. Record high prices in most commodities have tighten the trader’s credit lists. Despite some very volatile markets and theoretically strong trading opportunities, some energy products became untradable. Holding a position in Slovenian power,…