Guarantees of Origin: Providing Confidence in Renewable Energy Sources

What are Guarantees of Origin (GOs)?

Guarantees of Origin (GOs) are electronic certificates that represent the generation of 1 Megawatt-hour (MWh) of energy from renewable sources. They are issued by an authorized body and are used as proof of the origin of the electricity.

Benefits of GOs:

* Provide transparency and traceability of renewable energy sources * Allow consumers to choose renewable energy options * Support the development and growth of renewable energy markets

How GOs Work

1. Renewable energy producers apply to an authorized body to issue GOs for the electricity they generate.
2. GOs are issued electronically and assigned a unique identifier.
3. Suppliers can purchase GOs from producers and use them to demonstrate the renewable origin of the electricity they sell to consumers.
4. Consumers can request GOs from their suppliers as proof that the electricity they are purchasing comes from renewable sources.

Importance of Guarantees of Origin

• Promote consumer confidence in the renewable energy market
• Support the development of new renewable energy projects
• Reduce greenhouse gas emissions and contribute to climate change mitigation

Conclusion

Guarantees of Origin play a crucial role in ensuring the transparency, traceability, and credibility of renewable energy markets. By providing consumers with confidence in the origin of their electricity, GOs encourage the growth of renewable energy and contribute to the fight against climate change.