A well functioning market for the trade in Guarantees of Origin

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A recent report from Oslo Economics, commissioned by Energi Norge outlines the market for and trade in Guarantees of Origin (GOs). The report utilizes GO price and volume data provided by Greenfact, amongst others. The report gives an overview of the European GO framework and the GO market, comparing the wholesale and end-user markets for GOs.

The main conclusion of the report is that the wholesale market is well-functioning for high volume products in particular, such as Large Nordic Hydro and EU wind. Yet, the report underlines that the end-user market lacks transparency and options for product comparison are limited. ...