The GSE recently announced the outcome of the auction session on 20th December 2022 for the assignment of Guarantees of Origin (GOs).
In total, 4.5 TWh of GOs related to production from January to October 2022 were auctioned (-17.1% compared to the previous auction), corresponding to the electricity produced by the RES power plants that benefit from the “dedicated withdrawal” by GSE and are granted feed-in tariffs. The auction revenues are used to reduce the cost sustained by electricity consumers to promote renewable energy.
Compared to the previous auction, the total auctioned volumes went slightly down to similar levels witnessed in the previous auction (only Wind offered GOs went up by 6.7 GWh, equivalent to +5.3%). GO prices for all technologies increased from +0.4 (Wind) to 22.5% (Solar), compared to the previous auction. Solar GOs, whose prices saw the highest increase (and second-highest decrease in auctioned volumes) from the previous auction, were still traded at the highest price among all technologies (around 6.5 Euros, 0.4 Euros/MWh above OTC prices of the same day). All technologies but Wind are above 6 Euros/MWh.
Source: GSE
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