The market of Guarantees of Origin (GOs) has been there before: a two-year long price drop, then a long questioning about the floor level and a wait for the next bull run. Bull runs in the GOs market depend mostly on three main criteria: the hydrological levels in the Scandinavian reservoirs as well as the…
Tag: Renewable Energy Market
Bottom price for Guarantees of Origin?
The beginning of 2021 has seen the prices of Guarantees of Origin going down for the same reasons mentioned in previous reports: High levels in Hydro reservoirs all over Europe, large volumes offered on French and Italian auctions and preference for Power Purchase Agreements as a way to secure renewable energy supply instead of acquiring…