Portugal to Auction 3.8 TWh of GOs on 10th December

Portugal is scheduled to auction 3.8 TWh of Guarantees of Origin (GOs) on December 10th, this will be its 5th auction. The auction will be managed by OMIP and the auctioned GOs are from renewable energy which benefited from production or investment support. The revenue will be reverted to the National Electric System. 

The GOs would be sold in eight lots and in total represent 3.8 TWh of GOs. The GOs are for 2021 production (February and August) vintages with 2 TWh GOs from Wind and 1.38 TWh from Hydropower. The reserve price is 0.15 €/MWh. 

Source: OMIP