Veyt revises the long-term guarantees of origin (GO) price forecast – Veyt’s base case (VBC) – downward, with key assumptions changed in latest update.
It reflects downgraded renewable hydrogen assumptions and lower near-term renewable capacities, driven by offshore wind delays and weaker hydrogen-linked demand. A sharp cut in electrolyser capacity (-88% in 2030) resulted in lower power demand for renewable hydrogen production, which led to lower GO price levels. We expect RES-E GO price to reach EUR 2.7/MWh in 2029, down from our December 2025 forecast (see below).
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Veyt specialises in data, analysis, and insights for all significant low-carbon markets and renewable energy.
