 recently announced the outcome of the auction session on 20th June 2022 for the assignment of Guarantees of Origin (GOs). In total 5.7TWh of GOs related to production from January to April 2022 were auctioned, corresponding to the electricity produced by the RES power plants that benefit from the “dedicated withdrawal” by 

 and are granted feed in tariffs. The auction revenues are used to reduce the cost sustained by electricity consumers to promote renewable energy.

IT - Auction Results June 2022

, the total auctioned volumes tripled back to similar levels witnessed in the previous year. This could be attributed to it being the first auction for GOs produced in 2022. Despite an increase in offered volume, GO prices for all technologies increased compared to the previous auction. The prices increased considerably by more than 35% for Wind and Hydro GOs from the 

. However, Solar GOs, whose prices saw the lowest increase (around 11%) from the previous auction, were still traded at the highest price among all technologies.

Except for Wind GOs, prices of all other auctioned GOs were sold at a premium of 10 to 30 Eurocents compared to the prices seen in the 

; and the historical price trend was broadly mirroring the price movement seen in the 

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Prices increase in Italian GO auction despite rising auction volumes

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