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Excursus: How Competent Bodies could deal with the 12 months lifetime of RES-GO

Excursus: How Competent Bodies could deal with the 12 months lifetime of RES-GO. Christof Timpe ( c.timpe@oeko.de ) Second Workshop “Making Guarantees of Origin and Electricity Disclosure in Europe more reliable”, Brussels, 8 July 2010 www.reliable-disclosure.org.

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Excursus: How Competent Bodies could deal with the 12 months lifetime of RES-GO

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  1. Excursus: How Competent Bodies could deal with the 12 months lifetime of RES-GO Christof Timpe (c.timpe@oeko.de) Second Workshop “Making Guarantees of Origin and Electricity Disclosure in Europe more reliable”, Brussels, 8 July 2010 www.reliable-disclosure.org

  2. Principles of the proposal on the 12 months rule GO shall be issued on a monthly basis and as timely after each metering period as possible. For small plants, metering periods may be up to 12 months. Disclosure shall be based on the calendar year (= disclosure period). GO shall be used for the 12 months disclosure period in which the production period has started. The lifetime of GO is further restricted by a transaction deadline for all GO, which shall be defined as 3 months after the end of a disclosure period. All GO relating to this disclosure period will become invalid at this deadline and their attributes will flow into the Residual Mix. Exceptions from 3. and 4. apply for those GO which could not be issued until 2 months before the GO transaction deadline. In this case, the GO may be used for the following disclosure period.

  3. Disclosure period X Disclosure period (X+1) 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 General rule: Typical I C Typical I C GO to Residual I C! Exceptions: Small plant I C Late issuing I C Option: Small plant I C! Legend: Production (metering) period I Issuing of GO C Cancellation of GO, will be used for disclosure in year X C Cancellation of GO, will be used for disclosure in year (X+1) C! GO collected into Residual Mix, will be used for disclosure in year X C! GO collected into Residual Mix, will be used for disclosure in year (X+1) Period in which GO can be issued, which can still be used for disclosure in year X Period in which GO can be cancelled, which can still be used for disclosure in year X How could the proposal work in practice?

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