The concept of the Guarantee Of Origin (GO, GoO) was initially introduced back in 2001 by the EU Directive 2001/77/EC and further developed via Article 15 of the European Directive 2009/28/EC on the promotion of the use of energy from renewable sources (the same DIrective is also known as the Renewables Directive or the RES Directive).
According to the RES Directive, the Guarantee of Origin is an electronic document which has the sole function to serve as a proof to a final customer that a given share or quantity of energy was produced from renewable sources. One Guarantee of Origin is equal to 1 MWh and should be issued on request of any renewable energy producer in Europe.
A guarantee of origin can be transferred, independently of the energy to which it relates, from one holder to another.
The European Guarantees Of Origin are tradable certificates and can be used in any EU Member State (plus Norway and Switzerland) that has implemented the above mentioned Directive. Currently, the EU Guarantees Of Origin are internationally tradable via a hub operated by the Association of Issuing Bodies (AIB).
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Guarantee of origin: What is it?
Legal backgroundHow it starts? The concept of the Guarantee of Origin (GO, GoO) was initially introduced back in 2001 by the... - More
Guarantees of origin: How it works?
How it worksWhat can I do with a Guarantee of Origin? A guarantee of origin can be transferred, independently of the energy... - More
Green markets
Guarantees of Origin vs. Green CertificatesIs there market for Guarantees of Origin? What is the price of one GO? There are voluntary markets (often referred... - More
Green electricity labels
Guarantees of origin vs. Green labelsWhat is Green label? Green labels (short of green electricity quality labels, but also known as Eco labels, Eco standards,... - More
Guarantees of origin: Electricity disclosure
Electricity disclosure & double countingWhat is double counting? How can I avoid it? Double counting (sometimes used as double attributing, or double claiming) refers...