What are Guarantees of Origin (GoOs)?
A certificate that guarantees that the origin of electricity is based on renewable energy sources.
What are they for?
- To track and certify the electricity from renewable energy sources
- Trading instrument to incentivize the renewable energy production
- To offset carbon emissions
What do they include?
The certificates contain information on the:
- type of renewable energy
- location of the power station
- date of the generation
How do they contribute?
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.
About Synertics
Synertics drives productivity in the energy industry through data-driven and digital solutions. The PPA Evaluation Tool transparently evaluates the risk/return tradeoffs of various PPA offers and allows for an efficient transfer of knowledge. It currently operates in the German, French, Portuguese, Spanish, Italian and Greek markets.