Slovakian GOs auction price trend to new high

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OKTE held the ninth electronic auction of Guarantees of Origin (GOs) on 7 November, with eight market participants. In total, around 282 GWh of GOs from subsidized renewable energy were sold, and auction revenues will be used to decrease the share of RES-support costs paid by the final consumers.

The GOs were sold in two lots, consisting of around 48 GWh from Hydro and 233 GWh from Solar. GOs for both technologies were produced during Q3 2022, with a starting bid at 1.45 €/MWh, which was 50 Eurocents higher than the previous auction.

Supported by the increasing demand, the average traded price has doubled in comparison to the last auction