HUPX

Energy Business Motion

January pan-European GO auction was successful


     

The auction was held on 17 January

During the auction, only Hungarian, AIB standard guarantees of origins were traded this time. The average price slightly increased compared to the last auction and has reached 7.49 EUR/MWh. The market produced 171 671 MWh traded volume and the vast majority of the offered GOs were sold and a strong overdemand characterized the market. Supply side is largely affected by the volumes infused by the dominant player, MAVIR, thus the lower volumes can be attributed to seasonality, too.  

The next auction will be held on 21 February.

January auction results: GO Market results

More information about the guarantees of origin market:  About the GO market