3rd HUPX Pan-European auction - Major increases for EECS GOs

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HUPX  (Hungarian Power Exchange Ltd), the appointed operator for the Hungarian GOs market by MEKH (Hungarian Energy & Utilities Regulatory Agency), held its third pan-European auction for Guarantees of Origin (GOs) on 22 November 2022. This is the fifth such auction in history offering both National GOs (produced from November 2021 to January 2022) and EECS GOs (produced from January to August 2022).

The National GOs refer to GOs produced before 1 January 2022, which are Primary FiT non-EECS GOs and can be traded only by HUPX GOs members via the MEKH registry. 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 an auct...