Reduced demand for Nordic hydro GOs due to new RE100 procurement criteria introduced on 1 January 2024 is likely to be offset by rising corporate demand from CSRD-compliant companies reporting under the European Sustainability Reporting Standards.
The new criteria raise the bar for corporate RES-E procurement by introducing a 15-year age limit on power plants (commissioning or re-powering) and a modified market boundary. Veyt has previously covered changes to the technical criteria and RE100 demand …
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