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GO prices in Italian auction remain above OTC prices

Thursday, 21 March 2019

Kumara Rathnam

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The GSE has announced the outcome of the auction session on 20 March 2019 for the assignment of the Guarantees of Origin (GOs). The GOs auctioned by the GSE are related to production from March to December 2018.

Prices for all GOs have decreased by an average 40% from the previous auction in January 2019. Nonetheless prices from the Italian auction were considerably higher compared to Over-The-Counter (OTC) prices. The median auction price of Italian Wind GOs was 77.5 Eurocents above the current OTC price for EU wind, while auctioned Hydro GOs were sold 50.5 Eurocents above generic N...

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