13. February, 2023

14th Portuguese Auction – All volumes sold and prices drop by 26%

On 8 February 2023, the 14th Portuguese auction for Guarantees of Origin (GOs) was held by OMIP. In total, 4.03 TWh GOs were auctioned (+ 10%), all corresponding to the subsidized power plants for renewable electricity production under a direct price support regime. The net income from the auction (auction revenues deducted from overheads related to the acquisition of electricity from renewable energy sources) is reverted to consumers.

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