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GO French auction prices for May 2020

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)

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