2. April, 2025

Polish GO market update: Easing price declines amid widening AIB spreads

As of March 31, 2025, Polish Wind and Solar GO prices have continued their downward trend across all vintages except for the 2024 vintage, which remained flat at €0.14/MWh. Monthly declines ranged from 1% to 12%, with the 2025 vintage experiencing the sharpest drop, falling 12% to €0.53/MWh. Future vintages were mostly stable, with the 2026 vintage falling 3% to €0.89/MWh while both the 2027 and 2028 vintages decreasing by 1%, trading at €1.04/MWh and €1.12/MWh respectively. All vintages are now trading at a widening discount to AIB EU GOs, continuing the trend observed since January.

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