During the last weeks, the Guarantees of Origin (GOs) markets have seen less activity and little excitement. The contango of the second and third delivery years diminished, in solidarity with the curve flattening fashion. We identify the reason for this in the oversupply of GOs in the short term. The production years 2019 and 2020…
News and updates from the world of renewables
GO price rebound – May 2020
RECS International, the organisation which coordinates the industry of renewable electricity in Europe, reluctantly had to cancel the annual RECS Market Meeting due to the epidemic or Covid19. This was a blow for the organisers and all participants who see this event as a family reunion and the best opportunity to focus on the topic…
Auctions
The Covid19 epidemic is slowing all markets and economies down across the globe as we speak. At the time of writing this article, the consequences are still unclear, but the world is holding his breath hoping that there will not be too much job destruction or worse, a financial meltdown. At Commerg, we were early…