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Prices in French auction fall inline with the OTC market

Friday, 18 June 2021

Kumara Rathnam

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Powernext held the twenty-first auction of Guarantees of Origin (GO), with the book opening on 09 June and order matching on 16 June, for March 2021 production GOs.

A total of  3 816 GWh of supported RES-E GOs were auctioned, which is slightly less than the amount of GOs offered last month (3 923 GWh). All of the offered volumes were sold. Wind GOs represented about two third of the total sold volume.

The Wind price decreased from 51.24 to 40 Eurocent/MWh. Similarly, the Hydro and Solar price were auctioned at 38 Eurocent/MWh and 4...

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