The Spanish domestic Guarantees of Origin (GOs) market saw an increase in both price and trading activity in July. Prices for the 2024 and 2025 vintages rose, with both now trading at a premium over their AIB GO counterparts. Additionally, the market experienced a significant uptick in trading volume, just before most Spanish market participants go on holiday in August.
Price trends: In July (weeks 27-30), the average traded price for 2024 Spanish domestic GOs rose from EUR 1.02/MWh to EUR 1.04/MWh. This 2% increase from the previous month, while modest, contrasts positively with a 12% drop in AIB GO prices during the sa…
Veyt specialises in data, analysis, and insights for all significant low-carbon markets and renewable energy.
