GO prices in French auction remain above OTC prices

Tuesday, 12 November 2019

Powernext, part of EEX Group held the second auction of Guarantees of Origin (GO) in October on behalf of the DGEC (French Climate Authority). A total of 3 330 GWh of Guarantees of Origin from May and June 2019 production were auctioned.

Please find the results from the auction below:

The average GO prices were higher than current OTC prices, suggesting a bullish outlook for the market.