Guarantees of Origin (GOs) in the fit for 55 | FlexiDAO



With an academic background in civil and environmental engineering (MSc), Giacomo is always at the forefront when it comes to environmental initiatives and renewable energy.Giacomo blends his technical knowledge with a strong passion for marketing that he developed in his past professional experiences.‍
June 8, 2022
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Article about RECS International briefing of RED3 and Guarantees of Origin (GOs), their importance for renewable energy policies and standards.

RECS INTERNATIONAL recently released a RED3 advocacy briefing, mostly for legislators called "Guarantees of origin in the Fit for 55 package, accelerating the energy transition by growing consumer demand for renewable energy".

Since Guarantees of Origin (GOs) allow for consumers and investors to distinguish between electricity generated from renewables and other sources like fossil fuels, GO-trading is considered as an essential tool for supporting market integration of renewables. The Guarantee itself does not include any information about where the Guarantor’s electricity comes from; this information is provided by Guarantors’ reporting on Guarantees issued.

Recently the European Commission requested an update to the Renewable Energy Directive (RED-3), where it suggests that the European parliament and council should:

  • Strengthen requirements for full disclosure schemes in all EU member states.
  • Retain the provision that any guarantees of origin linked with the production of clean energy may be transferred to the buyer of that electricity under a renewable power purchase agreement.
  • All renewable energy generators, whether or not they are connected to a support scheme, must continue to be required to issue GOs.

Read and download the full document here.

Stay updated on the latest news by subscribing to our monthly newsletter.


See more in FlexiDAO news

June 8, 2022

Hourly certification of renewable electricity a step closer

Read how FlexiDAO in collaboration with Microsoft, Eneco, and CertiQ, successfully completed two pilots to prove the viability of a granular energy certification program.

June 8, 2022

Princeton University’s Zero Lab report

Check out Princeton University's ZERO Lab report, which was recently released; they created an analysis of the grid system impact of 24/7 carbon-free energy procurement.

June 8, 2022

FlexiDAO an early signatory to the UN 24/7 CFE Compact

FlexiDAO is one of the early signatories to the 24/7 Carbon-free Energy Compact

The 24/7 traceability forefront runner, trusted by

Iron Mountain logo