RES GO vs electricity price ratio reaches record high levels

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Following the sharp price increase of RES GOs in the wholesale market, the GO-electricity price ratio has reached 3.0%, which is 30 times higher compared to 2014. This results in more GO income for RES-E producers, and a higher relevance of GOs for all stakeholders, including utilities and traders.

In the above charts, we illustrate the Nordic hydro GO price and the German electricity spot price (data from Energidataservice.dk). Germ...