The Guarantee of Origin market has grown steadily over the past decade in Europe. Hungary has recently announced to launch its organised guarantees of origin market to increase transparency, liquidity and to support its growing renewables sector.
The platform is expected to serve as a key tool on the road to the future integration of renewable gases and other innovative products into the wholesale market of the country.
There is a great potential to create a single gas trade market between Bulgaria, Serbia, North Macedonia and Greece, according to what Bulgarian Prime Minister Kiril Petkov stated.
The Athens Stock Exchange and the Hellenic Energy Exchange have started to provide to the Albanian Power Exchange the Infrastructure & Services for its Operation.
The European Power Exchange EPEX SPOT and its clearing house European Commodity Clearing successfully launched their Intraday continuous market in Poland, extending their offering in Central Europe.
Lithuania's Amber Grid has announced the tender for the selection of a strategic partner for its subsidiary GET Baltic, a regional natural gas exchange operator.
As of 1 February, the Hungarian Energy and Public Utility Regulatory Authority has joined the European Energy Certificate System, which means that the Hungarian guarantees of origin may enter the international market.
The project company ICGB, responsible for the implementation of the interconnector Greece-Bulgaria signed a contract with PRISMA European Capacity Platform, Europe’s leading gas capacity trading platform.
The Energy Community Secretariat launched a project which will assist its Contracting Parties to create electronic systems for guarantees of origin (GOs).
Western Balkan countries need to implement their own carbon pricing mechanism or establish pathways to enter the European Union Emissions Trading System.
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