Trading infrastructure already exists for GOOs
GOO trade can underpin hydrogen markets
Development of liquid market for guarantee-of-origin certificates seen as key stepping stone for emerging hydrogen sector
Trading in guarantee-of-origin (GOO) certificates can play a key role in developing global markets for hydrogen and low-carbon gaseous fuels including biomethane, according to speakers on a gas industry panel yesterday. The use of GOO certificates, which are already widely traded in electricity markets, can help to bring standardisation and liquidity to hydrogen markets, enabling industries to internalise the external cost of climate change. The certificates provide evidence to consumers that energy has been generated sustainably. Some 735.1TWh of renewable GOOs were cancelled in 2020, according to the Association of Issuing Bodies. “It’s about combining future schemes to provide for e
Also in this section
30 May 2025
Pressure is growing on developers to prove the bankability of their projects in a challenging market for green hydrogen
23 May 2025
Investors remain committed to development but are waiting on greater international market certainty
22 May 2025
The government has ambitions to scale up production and become a major exporter by the end of the decade
21 May 2025
Half of winning bidders are based in southern European country as €1b auction clears at lower-than-expected levels
