GO prices rise despite higher auctioned volumes at French auction

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Author: Kumara Rathnam

Powernext held the twenty-eighth auction of Guarantees of Origin (GO), with the book opening on 12 January and order matching on 19 January, for October 2021 production GOs.

A total of 4 448 GWh of supported RES-E GOs were auctioned, which is significantly higher than the amount of GOs offered last month 2 837 GWh and also the largest volume offered in recent years. All of the offered volumes were sold. Wind GOs represented 68% of the total auctioned volume.

The prices increased considerably for all technologies from the previous auction