Introduction In a pivotal move toward a more sustainable future, RE100, the global initiative committed to promoting corporate renewable energy use, made a significant announcement on October 24, 2022. The organization revealed substantial changes to its technical criteria, marking a big moment for companies striving to achieve 100% renewable energy consumption. Effective from January 1, […]
Market Update The year 2022 proved to be a turbulent and challenging period for the renewable energy sector in Europe. Amidst an energy crisis characterized by supply shortages and soaring costs, Guarantees of Origin (GOs), the vital system used to document and certify renewable energy consumption in the European Union, reached unprecedented highs. Several factors, such as
The rising price of GOs in 2023: Embracing the Renewable Energy Certificates Boom! Read More »
What is a Guarantee of Origin certificate? A guarantee of origin (GO) proves that an amount of energy equal to one MWh was produced from renewable sources and fed into the power grid. By purchasing certificates of origin, a company can prove that the electricity it consumes is green, i.e. comes from renewable sources. There
The rise of Guarantees of Origin (GOs) in Europe and what to expect in 2023? Read More »
This week, RE100 published its new technical guidance on the procurement of renewable energy certificates by corporates. When acquiring renewable power and determining their progress toward their RE100 objectives, member firms of the RE100 association must adhere to the RE100 technical standards. Any corporate buyer may use the technical criteria as a reference for purchasing
RE100 concludes its work on the 2022 RE100 technical criteria update Read More »
About RE 100 RE100 organization is the global corporate renewable energy initiative bringing together hundreds of large and ambitious businesses committed to 100% renewable electricity. The number of companies joining the RE100 has increased year over year, with over 23 firms joining in 2022 alone, bringing the total number of members to 372. The combined
New RE100 Market Boundary Rules. What has changed for RECs in 2022? Read More »
Introduction to the European Guarantees of Origin Many believe that the market of the European guarantees of origin (GOs) is oversupplied, resulting in low prices. However, this statement is no longer right because, in recent years, the gap between demand and supply of GOs has narrowed with many corporates implementing their renewable energy objectives and
The rising price of the European guarantees of origin and Future GO market outlook Read More »
What are renewable energy certificates used for? Renewable certificates (RECs) or Guarantees of Origin (GOs) are documents that attest to the fact that a specific amount of electricity was generated using renewable energy sources. When businesses buy renewable certificates to cover their energy use, they can be assured that an equal amount of renewable electricity
Types of Turkish Renewable Energy Certificates Turkish renewable energy certificates aim to promote energy from renewable energy sources (RES) and to give consumers a renewable supply choice. The sole purpose of GO is to prove to the final customer that a given quantity of energy was produced from renewable energy sources. GOs issued in favor
