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Prices in French auctions rise inline with the OTC market

Tuesday, 25 May 2021

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Powernext held the twentieth auction of Guarantees of Origin (GO), with the book opening on 12 May and order matching on 19 May, for February 2021 production GOs.

A total of 3 227 GWh of supported RES-E GOs were auctioned, which is more than the amount of GOs offered last month (2 386 GWh). All of the offered volumes were sold. Wind GOs represented 72% of the total sold volume.

The Wind price increased from 33.59 to 51.24 Eurocent/MWh, the higher price correlating with the higher volume of sales reflecting strong demand. Similarly, the Hydro and Solar price was around ...

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