Summary of preliminary findings presented in open meeting on Norwegian GOs 12th of June

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The preliminary findings and assessment of Oslo Economics’ report as presented in yesterday’s meeting are summarized below. The aim of the report is to assess the Norwegian GO and electricity disclosure scheme. For a more comprehensive description click here.

• Oslo Economics estimates Norwegian GOs to provide up to 1 billion NOK in increased income to Norwegian power producers.
  
• GOs are found to constitute approx. 2.5% of the electricity price (at a price of 40 EUR /MWh).
• GOs provide incentives to new renewable production generally speaking, but has generated few new projects to date, GO incentive is counteracted by the El-cert market until 2020.

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