Friday, 21 June 2019
Interactive charts, tables and graphics removed. Subscribers see full content
The GSE has announced the outcome of the auction session on 20 June 2019 for the assignment of the Guarantees of Origin (GOs). The GOs auctioned by the GSE are related to production from January to April 2019.
Prices for all GOs have decreased by an average 33% from the previous auction in March 2019, with prices for Wind GOs dropping the most (by 51%). Further, Wind GO prices from the auction were considerably lower compared to Over-The-Counter (OTC) prices. We attribute this price decrease mainly due to a change in methodology for calculating auction minimum price due to unsold vo...