More accurate energy certificates can drive green investment
Time-stamped certificates would allow customers to know where their power is coming from at any given time and could provide another signal for investors by driving up prices for green energy certificates when supply is short. Regulators are taking steps to ensure that consumers signing up for green tariffs are really helping to progress the energy transition
Certificates attesting to the green energy credentials of power production have failed to spark significant investments in renewable energy, but efforts are underway to change that
VOLATILE PRICING Accurately timed certificates may lead to higher prices when renewable power dips or see prices approach zero when green power is plentiful
OPEN ACCESS The EU’s Fit-for-55 package wants guarantees of origin certificates to be mandatory for all renewable energy generation, including those projects that already receive support
KEY QUOTE More granular Guarantees of Origin will make the surpluses and shortages of renewable electricity over time visible and create value for those that invest in the solutions that can cope with the variable nature of renewables ...
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