Powernext appointed to organise GO auctions in France

Announced by the French Ministry for an Ecological and Solidary Transition, Powernext will organise the auctions for Guarantees of Origin (GOs) from 1 January 2019, for five years.

The auctions will cover renewable GOs which receive feed-in-tariffs (FiT). These GOs will be firstly issued to the French government's account and then auctioned to the market. The auction revenue would partially compensat...