Sunday, May 26, 2024
HomeTradingCroatian operator sells over 170,000 Guarantees of Origin

Croatian operator sells over 170,000 Guarantees of Origin

Croatian energy market operator HROTE announced last month that it sold 173,605 Guarantees of Origin (GO) for wind farms in the incentive system from July to September this year at an auction held on 25 October.

The achieved marginal price was 3.56 euros/GO, the operator said in a press release.

A total of 12 participants took part in the auction, with bids ranging from 3.56 euros to 7.00 euros/GO, of which six participants were successful.

Revenues from the auctions are used to further stimulate the production of electricity from renewables, HROTE said in the press release.

Sign up for our newsletters

    Monthly newsletter – Delivering the most important energy stories of the month selected by our Editor-in-chief
    Weekly Oil&Gas roundup - All major news about the oil and gas industry, LNG developments, the upscaling of new gases and related EU regulations arriving in your mailbox every Monday.
    Weekly Renewables&Climate roundup - All major news about investments in renewable energy sources, environment protection, green hydrogen and new innovative ways to tackle the climate crisis arriving in your mailbox every Tuesday.

    Most Popular