Norway announces change in Residual Mix

28 November 2012

In order to eliminate the double counting of renewable attributes being traded via Norwegian Guarantee of Origin (GO) certificates, the NVE, or the Norwegian Water Resources and Energy Directorate, has made some changes to the calculation of their Residual Mix.

In order to better align international residual mix calculations Norway will change the cancelation date for the previous years GOs from 28.2 to 31.3. NVE will also publish residual mix figures for the previous year no later than June 1.

For more information please go to the NVE’s English page regarding the change here:

http://www.nve.no/en/Electricity-market/Sluttbrukermarkedet/Varedeklarasjon1/New-calculation-method-for-disclosure-in-Norway/