5.12.2019 09:54
Electricity Market

Import of the Guarantees of Origin of an Italian gas power plant into the Finnish GO register suspended

Finextra has been notified by the AIB (Association of Issuing Bodies), whose members are European GO registrars that the Italian registrar GSE (Gestore dei Servizi Energetici GSE S.p.A) has issued Renewable Energy Guarantees of Origin that are unlikely to fully meet the requirements of renewable energy to the Raffineria Sarroch gas power plant.

The Italian registrar GSE and the AIB are taking action to prevent the transfer of these GOs between European GO registers.

The AIB’s bulletin on the topic: https://www.aib-net.org/

Further information:

Kaija Niskala, Fingrid, tel. +358 30 395 5147

Kirsi Salmivaara, Fingrid, tel. +358 30 395 5227

Vocabulary:

Guarantees of Origin (GO) for electricity are certificates that can be used to verify that electricity has been produced from renewable energy sources or by high-efficiency cogeneration. Finextra, a subsidiary of Fingrid, manages the electronic GO register in Finland.