The Guarantee of Origin (GO) is gaining momentum. As Europe is striving to speed up energy transition, the use of the GO is also expanding. This blog highlights some of the points we as a registry provider often discuss when we analyze our operating environment.
This week, our CEO Markus Klimscheffskij discussed his first months in the role and the road ahead for Grexel in 2022.
As the GO system extends, there is a need for new IT systems to handle these new energy carriers. This creates a need for their purchase, which can mean a large investment per each energy carrier. As the market is emerging, the payback periods of these investments risk becoming long.
How can the GO help achieve the renewable pledges of COP26?
Matthew has joined the team as our new Junior Operations Specialist. He has an international background and has always been very engaged with sustainability.
Grexel is the leading energy certificate registry provider in Europe headquartered in Helsinki with an annual transaction volume of over one billion MWhs. The registries are used by over ten thousand active account holders in 15 countries. As part of EEX Group, Grexel also helps its customers to design new certification schemes and cope with changing requirements set by international legislation and standards.
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