Eleven recommendations for improving the Guarantees of Origin system under REDII

Brussels, 3 May 2016 | Already today, Guarantees of Origin (GOs) provide a valuable tool for assigning a specific attribute (e.g. green electricity) to energy sold to final consumers. An EU-wide, secure and reliable trading system has been put in place and is well accepted by the market. Europex members are actively contributing to the functioning of the GO market through different roles, such as organising standardised trading and providing registries. In its response to the recent RED II consultation, Europex has put forward several proposals on the further development of the GO market.

Based on this, Europex would like to add a few concrete recommendations for possible future improvements, which can be found in the attached position paper.