Tuesday, 25 September 2018
The GSE has announced the outcome of the auction session of 20 September 2018 for the assignment of the Guarantees of Origin (resolution of the Authority for Energy ARG / elt 104/11). The GOs auctioned by the GSE are related to production from January to July 2018:
The auction outlines the bullish market trend seen this summer for GOs across the different technologies. Prices have increased substantially since the last auction. The median price of wind GOs continued its rapid upward trajectory with an increase of 101%, compared to a 78% increase in June (GOs from the months of March and onwards). Hydro GOs rose by 102% compared to a 32% increase in June. The price of solar GOs jumped by 63%, a high rate of increase compared to the marginal price increase of 0.8% seen in June. The median price of biomass GOs also rose substantially, with an increase of 95%, compared to a 23% increase in the June auction.
The next auction session for the assignment of GOs by GSE is scheduled for the 20th of December 2018.
Click here to for additional data from the auction (in Italian)