Joint statement on Guarantees of Origin

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As a response to the trilogue [1] on the Renewable Energy Directive (RED II), key players in the European energy sector sent a joint statement to the European Parliament and the European Council.

Signaotries of the statement include leading market actors such as RE100 [2],  energy associations and the AIB and RECS international. They believe Guarantees of Origin (GOs) to be a reliable instrument to both track and prove to consumers that a given share of electricity supplied comes from renewable sources.

Furthermore, the signatories underline that voluntary disclosure, as proposed by the European Council, would leave the door open to alternative declaration instruments. This would potentially make reporting to consumers and corporate purchasers unreliable...