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Portuguese EECS GOs back on the menu

Tuesday, 01 September 2020

Portugal connected their recently developed EECS GO registry, EEGO System, to the AIB hub on 25 August 2020, allowing imports and exports from/to other AIB members.

Portugal were AIB members prior to 2016, but were disconnected from the hub due to a change in the issuing body from from Redes Energéticas Nacionais (REN), who were the recognised competent body in the AIB, to the Directorate-General for Energy and Geology (DGEG).

However, Portugal has since re-established the GO register and protocols via Entidade Emissora de Garantias de Origem (EEGO), a ring-fenced work unit with REN, with the AIB approving scheme membership in June this year, with the first GOs issued later that month.

Before reconnection, Portugal utilised GOs via Ex-Domain Cancellation (EDC), where other countries can cancel GOs on behalf of non-members. Recent statistics are shown below.

In 2019, EDCs in Portugal amounted to 1.4 TWh of GOs, with approximately 65% of the cancellations originating from Norway. The total EDCs made them the second most popular destination for EDCs after the UK last year. Furthermore, the demand for GOs appears to be steadily increasing since 2016.

However, Portugal is set to be a net exporter of GOs, with over 300 production devices registered and 13 TWh of GO issues forecast.

Source

AIB News - 31 August 2020

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