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Guarantees of Origin (GoOs) are playing an increasingly important role when negotiating Power Purchase Agreements. Their recent price surge has caught the attention of electricity producers and off-takers since their impact on pricing is becoming increasingly relevant. But what are they?
A certificate that guarantees that the origin of electricity is based on renewable energy sources.
The certificates contain information on the:
Overall, the use of GoOs helps to increase transparency in the energy market and promotes the growth of renewable energy.
Get in touch with us to start using current GoOs data for your Power Purchase Agreement negotiations and don't forget to check out the video version of this post here.
Synertics provides advisory services and develops digital data-driven solutions for the energy industry with the purpose of driving productivity and transferring knowledge.
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