Market statistics

New milestone: Demand for renewable electricity surpasses 500 TWh in Europe

“For the first time renewable energy demand in Europe surpasses 500 TWh – or half a billion Guarantees of Origin (GOs),” says Tom Lindberg, Managing Director in ECOHZ, commenting on 2018 statistics from the Association of Issuing Bodies (AIB). If the growth trend from the last five years continues, the GO-market will soon surpass one billion Euro,” Tom Lindberg adds, noting “that customers are willing to pay a premium on certain origins of energy.”

 

European Residual Mixes 2017 to calculate CO2 footprint if not using documented renewable electricity

Published 11 July, 2018
Guarantees of Origin (GOs) are used to track renewable electricity in Europe. Consumers not choosing renewable electricity with GOs will be using a mix (Residual Mix) of renewables, fossil and nuclear.