French Auctions for Guarantees of Origin
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.
Calendar 2022 | Opening of Order Book | Closure of Order Book | Modification of cash trading limits | Order Matching | |
|---|---|---|---|---|---|
| Auctioning month | Production month | Wednesday 10:00 AM | Wednesday 10:00 AM | Tuesday 4:00 PM | Wednesday 12:00 AM |
| January 2022 | October 2021 | 12/01/2022 | 19/01/2022 | 18/01/2022 | 19/01/2022 |
| February 2022 | November 2021 | 09/02/2022 | 16/02/2022 | 15/02/2022 | 16/02/2022 |
| March 2022 | December 2021 | 09/03/2022 | 16/03/2022 | 15/03/2022 | 16/03/2022 |
| April 2022 | January 2022 | 13/04/2022 | 20/04/2022 | 19/04/2022 | 20/04/2022 |
| May 2022 | February 2022 | 11/05/2022 | 18/05/2022 | 17/05/2022 | 18/05/2022 |
| June 2022 | March 2022 | 08/06/2022 | 15/06/2022 | 14/06/2022 | 15/06/2022 |
| July 2022 | April 2022 | 13/07/2022 | 20/07/2022 | 19/07/2022 | 20/07/2022 |
| August 2022 | May 2022 | 10/08/2022 | 17/08/2022 | 16/08/2022 | 17/08/2022 |
| September 2022 | June 2022 | 14/09/2022 | 21/09/2022 | 20/09/2022 | 21/09/2022 |
| October 2022 | July 2022 | 12/10/2022 | 19/10/2022 | 18/10/2022 | 19/10/2022 |
| November 2022 | August 2022 | 09/11/2022 | 16/11/2022 | 15/11/2022 | 16/11/2022 |
| December 2022 | September 2022 | 07/12/2022 | 14/12/2022 | 13/12/2022 | 14/12/2022 |
Calendar 2023 | Opening of Order Book | Closure of Order Book | Modification of cash trading limits | Order Matching | |
|---|---|---|---|---|---|
| Auctioning month | Production month | Wednesday 10:00 AM | Wednesday 10:00 AM | Tuesday 4:00 PM | Wednesday 12:00 AM |
| January 2023 | October 2022 | 11/01/2023 | 18/01/2023 | 17/01/2023 | 18/01/2023 |
| February 2023 | November 2022 | 08/02/2023 | 15/02/2023 | 14/02/2023 | 15/02/2023 |
| March 2023 | November 2022 (110 GWh) & December 2022 | 08/03/2023 | 15/03/2023 | 14/03/2023 | 15/03/2023 |
| April 2023 | January 2023 | 12/04/2023 | 19/04/2023 | 18/04/2023 | 19/04/2023 |
| May 2023 | February 2023 | 10/05/2023 | 17/05/2023 | 16/05/2023 | 17/05/2023 |
| June 2023 | March 2023 | 14/06/2023 | 21/06/2023 | 20/06/2023 | 21/06/2023 |
| July 2023 | April 2023 | 12/07/2023 | 19/07/2023 | 18/07/2023 | 19/07/2023 |
| August 2023 | May 2023 | 16/08/2023 | 23/08/2023 | 22/08/2023 | 23/08/2023 |
| September 2023 | June 2023 | 13/09/2023 | 20/09/2023 | 19/09/2023 | 20/09/2023 |
| October 2023 | July 2023 | 11/10/2023 | 18/10/2023 | 17/10/2023 | 18/10/2023 |
| November 2023 | August 2023 | 08/11/2023 | 15/11/2023 | 14/11/2023 | 15/11/2023 |
| December 2023 | September 2023 | 06/12/2023 | 13/12/2023 | 12/12/2023 | 13/12/2023 |
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
| Guarantees of Origin - FAQ | |||||
|---|---|---|---|---|---|
| 2020-10-12 | Guarantees of Origin Registry - FAQ (English) | pdf (241 KB) | |||
| 2020-10-12 | Guarantees of Origin Registry FAQ (French) | pdf (257 KB) | |||
Results
Each month, EEX publishes the latest auctions results.
The reserve price for the November auctions is: 0,15 €/MWh.
| August 2023 | |||
|---|---|---|---|
| Region | Volume Offered - MWh | Volume allocated - MWh | Weighted Average Price - €/MWh |
| Auvergne-Rhône-Alpes | 238,368 | 238,368 | € 3.72 |
| Bourgogne-Franche-Comté | 178,377 | 178,377 | € 3.71 |
| Bretagne | 101,166 | 101,166 | € 3.72 |
| Centre-Val de Loire | 189,142 | 189,142 | € 3.56 |
| Grand Est | 473,929 | 473,929 | € 3.67 |
| Haut-de-France | 590,548 | 590,548 | € 3.66 |
| Île-de-France | 44,979 | 44,979 | € 3.65 |
| Normandie | 122,936 | 122,936 | € 3.58 |
| Nouvelle-Aquitaine | 511,105 | 511,105 | € 3.65 |
| Occitanie | 462,780 | 462,780 | € 3.57 |
| Pays de la Loire | 142,963 | 142,963 | € 3.64 |
| Provence-Alpes-Côte d'Azur | 264,755 | 264,755 | € 3.76 |
| August 2023 | |||
|---|---|---|---|
| Technology | Volume Offered - MWh | Volume allocated - MWh | Weighted Average Price - €/MWh |
| Wind | 1,683,817 | 1,683,817 | € 3.66 |
| Hydro | 119,971 | 119,971 | € 3.56 |
| Solar | 1,182,068 | 1,182,068 | € 3.68 |
| Thermal | 335,192 | 335,192 | € 3.57 |
| Guarantees of Origin Data | |||||
|---|---|---|---|---|---|
| 2023-11-15 | GO 2023 Global Results | zip (699 KB) | |||
| 2023-06-15 | Residual Mix France 2022 | xlsx (13 KB) | |||
| 2023-06-15 | EEX Customer Information - EEX publishes the French residual mix for 2022 | pdf (278 KB) | |||
| 2023-03-17 | GO 2022 Global Results | zip (1 MB) | |||
| 2023-03-07 | EEX Customer Information – Double enchère pour Mars 2023 | pdf (100 KB) | |||
| 2022-12-08 | EEX Customer Information – Processus de sortie anticipée des installations de production soutenues par le mécanisme d’obligation d’achat | pdf (179 KB) | |||
| 2022-10-06 | GO 2021 Global Results | zip (512 KB) | |||
| 2022-07-04 | Residual Mix France 2021 | xlsx (12 KB) | |||
| 2022-06-15 | EEX Customer Information - Residual Mix France 2021 | pdf (219 KB) | |||
| 2022-05-23 | Customer Information - Modification of the fees of the French registry of guarantees of origin associated with the activity of a clearing house or an exchange platform | pdf (160 KB) | |||
| 2021-08-25 | EEX Customer Information - EEX publishes the French residual mix for 2020 | pdf (343 KB) | |||
| 2021-08-25 | Residual Mix France 2020 | xlsx (11 KB) | |||
| 2021-03-19 | GO 2020 Global Results | zip (573 KB) | |||
| 2020-08-26 | Installations enregistrées sur le compte de l'Etat | xlsx (816 KB) | |||
| 2020-06-15 | Residual Mix France 2019 | xlsx (20 KB) | |||
| 2020-05-28 | GO 2019 Global Results | zip (435 KB) | |||
| 2019-07-24 | Residual Mix France 2018 | xlsx (19 KB) | |||
| 2018-07-05 | Residual Mix France 2017 | xlsx (19 KB) | |||
| 2018-01-01 | Residual Mix France 2016 | zip (679 KB) | |||