Webinar recording from Wednesday, 21 January.
Veyt hosted a live webinar reviewing developments in the European Guarantees of Origin (GO) market during 2025 and assessing whether market conditions pointed to a potential turning point ahead of 2026.
The session examined how prolonged bearish price trends, record rollover volumes, power generation outcomes, and evolving policy signals combined to shape GO price formation and market behaviour throughout the year. Building on a review of 2024 outcomes, Veyt’s analysts provided a structured assessment of the factors that defined 2025 and discussed early signals relevant for participants preparing for the 2026 disclosure cycle.
What the webinar covered
GO market developments in 2025
The webinar opened with a review of price trends across the European GO market. Analysts noted that the bearish dynamics that began in mid-2023 continued through most of 2025, with prices remaining under pressure across several segments. A central theme was the impact of the historically large rollover of GOs from 2024, which weighed on prices and influenced procurement behaviour throughout the year.
The discussion highlighted how rollover volumes affected market sentiment, liquidity, and the timing of demand, particularly as buyers adjusted strategies in response to prolonged oversupply conditions.
Outlook and early signals for 2026
The webinar looked ahead to 2026, exploring whether weather conditions suggested a potential shift in market dynamics. Analysts outlined early indicators to monitor, including:
- How remaining rollover volumes may continue to influence pricing
- The evolution of compliance-related and voluntary demand
- Structural risks and opportunities for both buyers and sellers as disclosure deadlines approach
Rather than presenting a definitive forecast, the discussion focused on identifying the factors most likely to shape market behaviour as the GO market moves into the next reporting cycle.
Why watch the recording
The webinar recording offers a clear, data-driven review of the European GO market in 2025. Viewers will gain:
- A structured understanding of how GO prices evolved during the year
- Insight into the role of rollover volumes and generation outcomes
- Context on how policy and reporting developments affected market behaviour
- Analytical perspectives to support planning and risk assessment for 2026.
