Guarantees of Origin

Guarantees of Origin (GOs)

To document and report that the energy you consume in Europe comes from renewable energy sources, you must buy Guarantees of Origin. The Guarantee of Origin, a voluntary system, complies with the Greenhouse Gas Protocol Scope 2 Guidance and is an effective and recognised tool to reduce your greenhouse gas emissions and improve your sustainability rating. ECOHZ, a market leader in Europe, offers a wide range of energy choices with Guarantees of Origin from different technologies and sources.

How it works

Guarantees of Origin are traded. When a company buys Guarantees of Origin, as documentation for the electricity delivered or consumed, the Guarantees of Origin are cancelled in the electronic certificate registry. This single standardised instrument makes it easy to track ownership, verify claims and ensure that Guarantees of Origin are only sold once and that there is no double counting.

In Europe, through a common energy market, rules and cross-border infrastructure, energy can be produced in one EU country and delivered to consumers in another. If you do not buy Guarantees of Origin for the electricity you consume, your electricity can come from any source including nuclear or fossil.

Impact

Guarantees of Origin are market-based instruments and an effective way to increase the market momentum for renewable energy. Buying Guarantees of Origin sends a signal to the market that you prefer to consume renewable energy and it shows your commitment to changing energy behaviour. The demand for renewable energy in Europe, documented with Guarantees of Origin, continues to grow year on year. Guarantees of Origin also give power producers an extra income source, making it more appealing to build more renewable energy production.

ECOHZ has developed a new, innovative concept called GO2 that combines the Guarantees of Origin (GOs) documentation with top financing to named new renewable projects. GO2 is an accessible, low risk entry for companies to engage and quickly unlock renewable energy projects and bring more renewable energy to the grid. GO2 enables additionality and compelling engagement levels both within co-op and exclusive solutions.

Regulation

The EU Renewable Energy Directive (2009/28/EC) came into force in June 2009 as part of the EU energy and climate change package. The Directive states that Guarantees of Origin prove to the final customer that a given quantity of energy was produced from renewable energy sources. Guarantees of Origin were established to create greater environmental awareness, provide customers with an opportunity to choose renewable energy and signal this choice to the market. They provide credible and verifiable documentation for a sustainability report or an environmental audit, and to help stimulate further renewable energy production.

Corporate stakeholders have increasing expectations about reporting the origin of the power consumed. They expect companies to report according to international standards including the CDP reporting and the Greenhouse Gas Protocol. The updated Greenhouse Gas Protocol Scope 2 Guidance features Guarantees of Origin, REC and I-REC as mainstream instruments for documenting and tracking electricity consumed from renewable sources.

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Reduce your CO₂ footprint

Consume renewable energy. ECOHZ can document the origin of your energy consumption globally with Guarantees of Origin in Europe, RECs in North America and I-RECs in a growing number of countries in Asia, Africa and Latin America.
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Meet an environmental standard of your choice

Consume renewable energy meeting requirements of specific standards or labels. Buy Guarantees of Origin from power plants that meet stricter environmental standards and are verified by an external auditor. Choose between national or international labels and standards, document the age and type of the power plant, technology and unique operational focus, and raise funds for renewable energy projects.

EKOenergy

International ecolabel for renewable electricity with strict criteria for environmental impact, and that directs funds to new renewable energy projects

OK POWER

German ecolabel for renewable electricity from new or upgraded power plants

TÜV SÜD – EE01

German ecolabel for renewable electricity from new power plants, with a mix of technologies and fund allocation

Bra Miljöval

Swedish ecolabel with strict environmental criteria

Naturemade Star

Swiss ecolabel with strict environmental criteria

LEED

Global standard for design, construction and operation of high-performance green buildings

BREEAM

European environmental building standard for the construction industry
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Customise to fit your specific needs

Consume renewable energy with specific characteristics. ECOHZ provides access to a comprehensive portfolio of more than 200 power plants, located across five continents. This enables you to choose specific power plants with distinct characteristics, including choice of technology, location, age, size, and owner profile. ECOHZ has a wide range of choices; here are some examples of pre-defined products.