Certificates
Guarantees of Origin (GOs)
Explore the European certificates used to document electricity generation attributes and support renewable electricity disclosure.
What a GO records
A GO evidences the characteristics of one megawatt-hour of generation. It identifies the energy source, production period and issuing body. Guarantees can be transferred between registry accounts and cancelled to substantiate a claim.
EECS, registries and market boundaries
The Association of Issuing Bodies coordinates the European Energy Certificate System (EECS) and operates the AIB Hub for transfers among participating domains. National rules govern access, disclosure and eligibility.
Using GOs in procurement
Check the generation technology, production vintage, cancellation beneficiary and market boundary before making a renewable electricity claim. For an hourly claim, verify timestamp coverage and matching rules separately.
Read the original guide in English
Guarantees of Origin
Powering Europe's Renewable Energy Transition Through Transparent Certification
What are Guarantees of Origin?
A Guarantee of Origin (GO) is an electronic certificate that provides proof that one megawatt-hour (MWh) of electricity was generated from renewable energy sources and injected into the electrical grid.
39 AIB Members 30 European Countries 42.5% EU 2030 Renewable Target 10% Expected GO Demand Growth 2024Current GO Market Snapshot
€0.85 💹 Price per MWh (2024 Avg)Market Trends:
- 📈 Demand increased by ~10% in 2024
- 📉 Prices dropped from €10 to under €1/MWh
- ⚡ Market characterized by oversupply
- 🎯 Expected range: €5-6/MWh for premium certificates
How Guarantees of Origin Work
Renewable Energy Generation
Renewable energy facilities (wind, solar, hydro, biomass) generate electricity and inject it into the national grid.
1Certificate Issuance
For each MWh generated, the national Issuing Body creates a digital GO certificate containing detailed information about the energy source.
2Registry & Trading
Certificates are registered in national databases and can be traded across European markets through the AIB hub system.
3Corporate Purchase
Companies purchase GOs to match their electricity consumption with renewable energy production, supporting their sustainability goals.
4Cancellation & Disclosure
GOs are cancelled to prevent double-counting, and companies can claim renewable energy consumption in their sustainability reporting.
5Market Data & Statistics
GO Price Evolution (2020-2024)
Renewable Energy Share by Technology
212 TWh GO Trade Deficit 11 EU Countries at Risk of Missing 2020 Targets 23% Current EU Renewable Share €1B+ Annual GO Market ValueEuropean GO Network
AIB Member Countries & GO Systems
Legend:
AIB Full Members Recent Additions (2024) Non-AIB CountriesBenefits of Guarantees of Origin
🌱Environmental Transparency
Provides clear proof of renewable energy consumption, enabling accurate carbon footprint reporting and environmental claims.
💼Corporate Sustainability
Helps companies meet sustainability targets, comply with regulations, and enhance their green credentials with stakeholders.
⚡Market Mechanism
Creates additional revenue streams for renewable energy producers, incentivizing further investment in clean energy projects.
🔒Prevents Double Counting
Ensures each unit of renewable energy is only claimed once, maintaining the integrity of renewable energy markets.
🌍European Integration
Facilitates cross-border renewable energy trading, supporting EU-wide decarbonization and energy transition goals.
📊Data & Analytics
Provides detailed tracking and reporting capabilities for renewable energy consumption and environmental impact.
Best Sources for Guarantees of Origin in the EU
Association of Issuing Bodies (AIB) The central hub for European GO systems, connecting 39 members from 30 countries. Official standardization body for EECS. Visit AIB → Umweltbundesamt (UBA) - Germany German Environment Agency managing the largest GO registry in Europe with comprehensive market data and statistics. Visit UBA → Ofgem - United Kingdom UK regulator managing REGOs (Renewable Energy Guarantees of Origin) with transparent market reporting. Visit Ofgem → Garanties d'Origine - France French GO system managed by Powernext, offering comprehensive market data and certificate trading platform. Visit Powernext → GSE - Italy Gestore dei Servizi Energetici manages Italian GO system with detailed renewable energy statistics and market insights. Visit GSE → CNMC - Spain Spanish National Commission for Markets and Competition overseeing GO system with comprehensive market monitoring. Visit CNMC → CertiQ - Netherlands Dutch issuing body for guarantees of origin with advanced digital platform and transparent market operations. Visit CertiQ → Future Energy GO Leading market intelligence platform providing GO price analysis, market trends, and professional insights. Visit Future Energy GO → European Energy Exchange (EEX) Major trading platform for energy certificates including GOs, providing transparent price discovery and market data. Visit EEX →Key Market Indicators to Monitor
- 📈 GO price trends and volatility
- ⚡ Technology-specific certificate premiums
- 🌍 Cross-border trading volumes
- 📊 Supply-demand balance by country
- 🎯 Additionality criteria and vintage premiums
- 📋 Regulatory changes and market reforms
Select a highlighted country to view its certificate information.
Albania
- ERE
Andorra
- FEDA (context)
Austria
Belgium
- Brugel
- CREG
- VREG
- SPW Energie
- Hinicio
Bosnia & Herzegovina
- RES Operator operatoroieiek
Bulgaria
- SEDA
Croatia
- HEP-OPS
Cyprus
- CERA
Czechia
- OTE
Denmark
- Energinet
Estonia
- Elering
Finland
- Fingrid Datahub
France
- Powernext / EEX (registry)
Georgia
- GSE (noted)
Germany
Greece
- DAPEEP
Hungary
- MEKH / HUPX
Iceland
- Landsnet
Ireland
- CRU / EirGrid
Italy
- GSE
Kosovo
- KOSTT (EnC context)
Latvia
- AST
Liechtenstein
- Liechtensteinische Kraftwerke
Lithuania
- Litgrid
Luxembourg
- ILR
Malta
- REWS
Monaco
- SMEG (context)
Montenegro
- COTEE
Netherlands
- CertiQ / TenneT
North Macedonia
- MEMO / ERC
Norway
Poland
- URE (joining path noted)
Portugal
- REN / ADENE
Romania
- ANRE / OPCOM
San Marino
- AASS (context)
Serbia
- EMS / AERS
Slovakia
- OKTE
Slovenia
- Borzen
Spain
- OMIE / CNMC
Sweden
- Svenska kraftnät
Switzerland
- Pronovo
Türkiye
- EPİAŞ / EMRA (GO pilot)
Ukraine
- NEURC (Energy Community track)
United Kingdom
Natural Earth
Resources
Resources
European Energy Certificate Market
Explore GO issuance, transfers, cancellation and electricity disclosure across Europe.
Certificate Insights & Statistics
Explore historical AIB transaction volumes, European trade balances and market visualisations.
Guarantees of Origin Auctions
Access the auction dashboard used by the site to follow European GO auction results and market activity.