The green certificate market is an alternative to renewable auctions, since:

  • It helps to achieve the decarbonization goals.
  • It adjusts to the decarbonization goal automatically when demand and other parameters change.
  • Readapts a system already in operation, that of the Guarantees of Origin (“GOs”).
  • Does not imply added costs for the government.
  • Works with, and not against, the market.
  • It treats all renewable projects equally , that is, it does not discriminate between market projects (or PPA) and those auctioned.
  • Green certificates allocation can be used to support sectors or technologies by allocating more than one Green Certificate per MWh of generation.
IBERIAN ELECTRICITY MARKET REPORT – SOLAR PV & WIND are now available. Click here to Download Report Brochure