Prices increase in Italian GO auction despite the recent decrease in GO prices

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The GSE recently announced the outcome of the auction session on 21 March 2022 for the assignment of Guarantees of Origin (GOs). 1.29 TWh of GOs related to production from March to December 2021 were auctioned by the GSE.

The results from GO auctions for March to December 2021 production are shown below:

Prices of the auctioned GOs were sold at a much higher premium compared to the prices seen in the OTC market. The prices increased considerably by more than 30% for all technologies from the previous auct...