In August 2018, the French Minister for an Ecological and Solidary Transition appointed Powernext, now integrated into EEX, to organize the auctioning of Guarantees of Origin produced by the plants benefiting from a support mechanism. The State is the sole seller during these auctions
Overall presentation of the auctions
Auctions allow the purchase of Guarantees of Origin from production facilities benefiting from a support mechanism. These power plants are registered on the account of the French Climate Authority (DGEC). Only the DGEC can request the issuance of Guarantees of Origin and decide on their auctioning. For each auction, the DGEC decides to offer part or the totality of the volume of GOs available on its account for a given production period.
How do auctions work
Before the auction is held, EEX publishes the exhaustive list of the Guarantees of Origin issued by the State and available for purchase via the auction on the dedicated platform.
Participants registered with Powernext and ECC to participate in the auction then have a period of 7 days to submit their orders and adjust their trading limits. At the latest 2 days after the auction, the results are published and the payment and delivery of the Guarantees of Origin are made.
Calendar of the auctions
Please find below the calendar of the next French auctions for Guarantees of Origin.
Since May 2020 and upon the DGEC's request, the floor price has been communicated to participants ahead of each auction.
|Opening of Order Book||Closure of Order Book||Modification of cash trading limits||Order Matching|
|Auctioning month ||Production month || |
|January 2021||October 2020||1/13/2021||1/20/2021||1/19/2021||1/20/2021|
|February 2021||November 2020||2/10/2021||2/17/2021||2/16/2021||2/17/2021|
|March 2021||December 2020||3/10/2021||3/17/2021||3/16/2021||3/17/2021|
|April 2021||January 2021||4/14/2021||4/21/2021||4/20/2021||4/21/2021|
|May 2021||February 2021||5/12/2021||5/19/2021||5/18/2021||5/19/2021|
|June 2021||March 2021||6/9/2021||6/16/2021||6/15/2021||6/16/2021|
|July 2021||April 2021||7/15/2021||7/21/2021||7/20/2021||7/21/2021|
|August 2021||May 2021||8/11/2021||8/18/2021||8/17/2021||8/18/2021|
|September 2021||June 2021||9/15/2021||9/22/2021||9/21/2021||9/22/2021|
|October 2021||July 2021||10/13/2021||10/20/2021||10/19/2021||10/20/2021|
|November 2021||August 2021||11/10/2021||11/17/2021||11/16/2021||11/17/2021|
|December 2021||September 2021||12/8/2021||12/15/2021||12/14/2021||12/15/2021|
Access to auctions
Participation in the auction will be open to any company that meets – among others – the following criteria:
- Be an account holder on the registry of GO operated by EEX
- Accept the GO Auction General Terms and Conditions and adhere to the corresponding Access Agreement
- Be a member of ECC and sign a clearing contract (several clearing models will be proposed).
- Pay the annual auction registration fee
Each month, EEX publishes the latest auctions results.
The reserve price for the March auction was: 0,10 €/MWh.
Volume Offered - MWh
Volume allocated - MWh
Weighted Average Price - €/MWh
|Centre-Val de Loire||193,828||181,006||0.20|
|Pays de la Loire||153,711||140,871||0.13|
|Technology||Volume Offered - MWh||Volume allocated - MWh||Weighted Average Price - €/MWh|
|Guarantees of Origin Data|
|2021-03-19||GO 2020 Global Results||Documents||Guarantees of Origin||zip (433 KB)|
|2020-08-26||Installations enregistrées sur le compte de l'Etat||Documents||Guarantees of Origin||xlsx (816 KB)|
|2020-06-15||Residual Mix France 2019||Documents||Guarantees of Origin||xlsx (20 KB)|
|2020-05-28||GO 2019 Global Results||Documents||Guarantees of Origin||zip (435 KB)|
|2019-07-24||Residual Mix France 2018||Documents||Guarantees of Origin||xlsx (19 KB)|
|2018-07-05||Residual Mix France 2017||Documents||Guarantees of Origin||xlsx (19 KB)|
|2018-01-01||Residual Mix France 2016||Documents||Guarantees of Origin||xlsx (19 KB)|