European renewables certificates reach all-time high as drought crimps supply
September 2, 2022 Comments Off
European guarantees of origin (EuGOs) for 2022 hit a new record high Sept. 1, with the most actively traded hydro certificates reaching Eur4/MWh as very dry weather conditions curbed supply of hydro power while demand for all renewables remains strong. Platts assessed the Nordic Hydro 2022 GO at Eur4.00/MWh on Sept. 1, the highest price in records dating back to…
European renewables certificates reach all-time high as drought crimps supply
European guarantees of origin (EuGOs) for 2022 hit a new record high Sept. 1, with the most actively traded hydro certificates reaching Eur4/MWh as very dry weather conditions curbed supply of hydro power while demand for all renewables remains strong. Platts assessed the Nordic Hydro 2022 GO at Eur4.00/MWh on Sept. 1, the highest price in records dating back to…
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