Friday, 06 July 2018
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A total of 8.55 TWh of renewable GOs were issued in Norway during June this year. This is a decrease of 0.67 TWh or 7.3% from May. Cancellation increased by a factor of 5, with cancellations reaching north of 10 TWh. Another point to note is the significant increase in imports.
The above graph shows cumulative GO statistics for the period January to June 2018 compared to the same period in 2017. The total statistics for 2017 (from January to December) serves as a reference point. The impact of the increased cancellations is significant, as total cancellations in this six month period has almost reached the total seen in 2017. This ...