On 14 September, the 12th Auction of Portuguese Guarantees of Origin (GO-PT) took place, with certificates attesting to the electricity consumer that the source of electricity production is renewable.
In recent months there has been a sustained trend of increased demand for guarantees of origin, and consequently, the appreciation in European markets. In the last Portuguese auction 3,3 TWh were offered, distributed in 8 lots according to the criteria of technology (solar, wind, hydro, thermal) and production period (May, June and July 2022). A total of 23 European entities participates, reaching a new maximum value of 3,85 €/MWh for wind energy. In the previous auction, the maximum value was 2,30 €/MWh for solar energy lot.
The auction result reached a new record, total of 12,4 M€. This amount will be deducted from the extra cost with renewables supported by Portuguese consumers.
OMIP is the entity responsible for managing the participation and operation of Portuguese auctions, the activity that began in July 2021 and which so far has sold almost 40 TWh.
The next Auction GO-PT will be on 7 December of 2022. For more information: www.omip.pt/en/auctions-GO