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Guarantees of Origin Play Key Role for Energy Transition
Image: PixabayOfficial Press Release WindEurope:
Guarantees of Origin are key to a cost-effective energy transition
On 12 January, WindEurope CEO Giles Dickson spoke at the “ENR Enterprise” conference on Power Purchase Agreements (PPAs) and Guarantees of Origin (GOs) in France.
GOs are used to trace green electricity in the power system. They are essential for PPAs as they prove the link between renewable energy producers and consumers – and give traceability to allow e.g. industry to show they are consuming renewables. However, in some European countries such as France and Germany, and under the new Spanish auction system, renewable electricity generators do not receive GOs for the green electricity they produce if their plants receive public financial support. The GOs are retained by the Member State. The Governments concerned say this to avoid any kind of... ... More: Official Press Release WindEurope
- Keywords:
- WindEurope, Giles Dickson, CEO, PPA, GO, France, Power Purchase Agreement, Guarantees of Origin, electricity, renewable energy, EU, green
