Monday, 15 June 2020
Powernext held the eighth auction of Guarantees of Origin (GO), with the book opening on 20 May and order matching on 27 May, for February 2020 production GOs.
A total of 3 177 GWh of supported RES-E GOs were auctioned, the highest amount auctioned to date. Similar to the April auction, all volumes auctioned were sold, also marking a new high in demand.
The prices for the different technologies converged to within a 16-20 Eurocent price range. Thermal, Hydro and Solar increased in price from last month. Wind GOs dropped more than 5 Eurocents from last month's auction price, which coincides with a 40% increase in Wind GO supply.
(First published on Greenfact subscriber site 28 May 2020)