Thursday, 06 October 2022
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The prices of GOs have seen impressive increases over the last half year. Nevertheless, energy costs have also trended upwards. We look at the relationship between EAC value and its underlying commodity price.
Look at Gas GOs, the most liquid, discounted market, UK Crop RGGOs saw prices around the 7 GBP/MWh mark at the start of the calendar year. At the end of September, prices exceeding 12 GBP/MWh were not uncommon.
Waste RGGOs – a product that this y...