AIB Q4 data reveals demand for GOs picked up in the last two quarters

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Author: Kumara Rathnam

Important Note: Statistics reported here are solely for Renewable Energy GOs. Statistics reported here are sourced from the AIB and it is important to note that moving forward these figures and their accuracy may change due to a lag in reported figures from certain countries to the AIB. 

Key highlights:

• Guarantees of Origin supply in 2021 up by 10%
• Demand for GOs  is down by 2%
• Demand for GOs outside AIB (Ex-domain Cancellations) up by 7%

In the latest AIB statistics for 2021,  GO supply (transaction issuances) is at 733.8 TWh while demand (cancellations) stood at 649 TWh. When compared to 2020 figures, the supply of GOs in the market in 2021 increased by over 10% while the demand dropped by 2% which is partially due to the...