AIB and RECS International on RED II and its effect on Guarantee of Origins

Greenfact had a chat with Phil Moody from the Association of Issuing Bodies (AIB) and Jared Braslawsky from RECS International about the proposed revised Renewable Energy Directive, RED II, from the European Commission. We asked them about the controversial suggestions and their effect on the Guarantees of Origin market.

Greenfact: In article 19 in the proposed directive, it is written that “Member States shall ensure that no guarantees of origin are issued to a producer that receives financial support from a support scheme”. How will this affect the GO market?

Phil Moody, Secretary General, AIB: The likely result is that producers will prefer subsidies to GOs, which result in them receiving much more money per unit of energy produced, and that they will simply buy GOs from other countries.

Jared Braslawsky, Secretary General, RECS International: This will have an incredible impact on the market, in any ...