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GO French auction prices for November 2020

Friday, 20 November 2020

Kevin Lim

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Powernext held the fourteenth auction of Guarantees of Origin (GO), with the book opening on 12 November and order matching on 18 November, for August 2020 production GOs.

A total of 1 490 GWh of supported RES-E GOs were auctioned, which is an increase on the amount of GOs for the production period 12 months prior (August 2019 - 1 363 GWh) and about 200 GWh lower than last month's volume.

Of the GOs on offer, 425 GWh were sold, a 28% uptake on all GOs offered. The amount represents a slight lift from the previous month, where 369 GWh of July 2020 production were sold.

The Solar and Hydro prices dropped from the previous month to 17.3 and 16.2 Eurocent/MWh (from 20.7 and 16.8 respectively) while the Wind price remained steady. Thermal ...

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