Technical assistance to monitor functioning of the guarantees of origin (GO) system : final report

Following Art. 19 (13a) of the amended RED II the European Commission is obligated to: Monitor the functioning of the guarantees of origin (GOs) system; Assess the balance of supply and demand of guarantees of origin in the market; Identify relevant factors affecting supply and demand. In order to support the European Commission in this task we first analyse various market dimensions of the electricity GO market (including transparency, liquidity and competitiveness) to evaluate whether supply and demand of GOs is in balance, and identify which key factors influence the market balance (including, for example, RES technology, subsidisation and regional/national origins). Second, we discuss the effectiveness of the GO system. Third, we semi-quantitatively assess how supply and demand may develop for the GO market towards 2030 and beyond.