5th Italian Auction in 2022 - Volumes sold down by a third, prices up by 14% on average

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The GSE recently announced the outcome of the auction session on 20th December 2022 for the assignment of Guarantees of Origin (GOs). In total, 4.5 TWh of GOs related to production from January to October 2022 were auctioned (-17.1% compared to the previous auction), corresponding to the electricity produced by the RES power plants that benefit from the “dedicated withdrawal” by GSE and are granted feed-in tariffs. The auction revenues are used to reduce the cost sustained by electricity consumers to promote renewable energy.

Compared to the