04 November 2015

Q3 statistics show continued growth in GO market

The Q3 statistics recently released by the Association of Issuing Bodies show that the Guarantee of Origin market has continued to grow.

The statistics show that demand is close to supply; however, due to the way the market is designed, electricity producers that have historically not participated in the market are still able to issue GOs in order to benefit from the additional revenue received from EECS-GO sales. EECS-GO cancellations have already reached more than 300 TWh as of Q3.

At RECS International we are planning an event in January 2016 at which members will be able to discuss the future of GO statistics. For more information please contact the RECS Secretariat at secretariat@recs.org

To view the statistics follow the link here.