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Shortcomings of the current system

This article by André Poschmann from the German Ministry of Economic Affairs and Energy addresses the shortcomings of the current green electricity market. Consumers increasingly desire to support the energy transition but face challenges with existing contracts that may not effectively finance new renewable energy sources. The use of Guarantees of Origin (GOs) from already supported installations or issuance of GOs for supported RES electricity can lead to double counting and consumer deception. The proposal suggests issuing GOs for supported RES-E should remain voluntary, and a potential solution could be the introduction of an EU Additionality Label. This label could identify contracts that contribute funds specifically for new RES projects or use GOs from unsupported installations, ensuring transparency and incentivizing genuine support for renewable energy financing.

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Shortcomings of the current system

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  1. How to ensure Additionality of green electricity contracts?Input by André PoschmannGerman Ministry of Economic Affairs and Energy

  2. Shortcomings of the current system Green electricity market is growing Consumers want to make a real contribution to the energy transition Lack of green contracts which really contribute additionaly to financing of RES since they use GOs … either from old, already financed installations …. or from installations supported via a support scheme consumers lack clear and transparent options on which green contracts actually contribute to the financing of new RES IssuGOs for supported electricity are consumer fraud 2

  3. KOM proposal for issuing of GOs Issuing of GOs for supported RES electricity leads to double counting and consumer deception Mandatory issuing would make this problem mandatory… … and would lead to a flooding of the GO market. Issuing of GOs for supported RES-E needs to stay at least voluntary 3

  4. EU Additionality Label An EU Additionality Label could be granted to green contracts which use GOs andcontribute to financing of new RES by a contribution of 1 ct/kWh to the EU financing platform for renewables or (EU Additionality), or by using GOs from new and unsupported RES installations (EU Additionality +) The Label could be combined with existing labels which certify other criteria, e.g. environmental criteria 4

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