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1st Italian Auction in 2023 - Twice less volumes offered and prices up by 24% on average!

Monday, 23 January 2023

Leo Robert

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The GSE recently announced the outcome of the auction session on 20th January 2023 for the assignment of Guarantees of Origin (GOs). In total, 2.1 TWh of GOs related to production from January to December 2022 were auctioned (-53.7% compared to the previous auction, but +23.9% compared to January 2022 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