After the price rallies in every commodity in 2021, the markets of Energy Attributes Certificates followed the mood. High prices of Guarantees of Origin (GOs) reflected this general sentiment and was also supported by the news of low hydro reservoirs levels across Europe. The hike stalled just above the 2€ level for the current year…
News and updates from the world of renewables
Inflation in GO market
After decades of discretion, the inflation is back in all markets across the globe. It is visible nowadays at every level of supply chains and often painful for retailers and consumers. It is very regrettable to assist to insolvencies of energy suppliers who did not have the time to hedge themselves when surges in prices…
Guarantees of Origin Roller Coaster – October 2021
During the summer break we were wondering which direction the GOs market would take when the winter would get closer. The past two months have seen prices shift like a rollercoaster. One key element to watch was the level of Nordic hydrological reservoirs , especially in Norway. The verdict came in September: low, unusually low, resulting…