Breakdown of AIB Q3 statistics

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• Q1- Q3 2018 saw a 15% increase in issuance and 9% increase in cancellations of renewable GOs.
  
• International trading activity grew 26% to 346 TWh while expired volumes continued to drop.
• On the backdrop of higher GO prices in Q3 2018, issuance increased 12% while cancellation was 2% less than Q3 2017.

2018 Q1 - Q3 vs 2017 Q1 - Q3

The following graph depicts transaction statistics for the period January till September 2018 compared to the same period last year. GO issuance increased by 15% (57 TWh) while cancellation increased by 9% (36 TWh).

The international trading activity, reflected via import/export volumes, grew 26% (72 TWh), with 346 TWh renewable GOs were traded cross-border during the first three quarters in 2018. The increased cross-border trade could be an indication of rising dem...