An additional level of price complexity has also been added by the European Union’s taxonomy, that now defines nuclear energy as a transitional activity that can be considered renewable under strict conditions.
As nuclear GOs have a significantly lower price than those issued for energy sources traditionally considered to be renewables, there is an increasing interest towards them.
Combining nuclear GOs will still allow the consumer to make carbon neutrality claims, but at a lower cost.
As EU member states implement the Renewable Energy Directive, we will also see an increasing interest towards Guarantees of Origin for new energy carriers, such as biogas, hydrogen, heating and cooling
Although the industry is patiently waiting for the CEN-EN 16325 to define the shared groundwork for the new products, individual member countries are already designing the national schemes.
For instance, EU countries have taken different stands on requiring grid connections between the point of issue and cancellation of the heating and cooling GO. This naturally raises a lot of questions on how easy it will be to trade these certificates on a European level.
So, we can expect an interesting 2023. Which of these trends will touch your daily activities?