Portugal to auction 3.7 TWh of GOs on 29th September

Portugal is scheduled to auction 3.7 TWh of Guarantees of Origin (GOs) on the September 29th . The auctioned GOs are from renewable energy which benefited from production or investment support, and the revenue will revert to the National Electric System. 

The GOs would be sold in eight lots and in total represent 3.7 TWh of GOs. The GOs are of 2020 and 2021 vintage with 2.4 TWh GOs from Wind and 0.8 TWh from Hydro. The reserve price is: 0.10 €/MWh. 

Source: OMIP