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169GWh National GOs were sold in the Hungarian auction

Monday, 04 July 2022

Addison Wu

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HUPX (Hungarian Power Exchange Ltd.), the appointed operator for Hungarian GOs market by MEKH (Hungarian Energy & Utilities Regulatory Agency), held its 2nd auction for Guarantees of Origin (GOs) on 27th June 2022. Unlike the first auction, this round was for trading National GOs (non-AIB GOs) only, which are vintages produced in September to December 2021. MEKH issues GOs automatically for production with fixed rate support KÁT to the Account of the Hungarian TSO MAVIR from 2022. These GOs will be sold by MAVIR through auction on the organized electricity market, and the auction income is used for covering the costs of the KÁT scheme.

A total of 628GWh of supported National GOs were auctioned, with only 27% of total (169GWh) were so...

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