Guarantee of Origin
Guarantee of Origin (GoO) is the gold standard for verifying the renewable source of electricity across Europe. The GoO market spans across 30 countries under the AIB umbrella. Additionally, individual countries (e.g. Poland) can have their own national Guarantees of Origin. Each GoO is assigned a unique serial number, preventing double counting.
Each certificate contains information such as production date, location, technology, commissioning date and installed capacity of the power plant. This ensures the authenticity and reliability of renewable energy sources. Additionality can be improved by procuring special labels. These adhere to stringent criteria for green electricity production, confirming not only environmental benefits but also extra funds and social improvements in the local community.
Unbundled from the physical electricity, one guarantee of origin always represents the injection of on MWh of green electricity into the grid.
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The STX Solution
With a global presence and local footprint, STX Group stands out as a trusted partner for over 7,000 counterparties. Whether your goals are voluntary or compliance-driven, our specialists are here to help you navigate the renewable energy certificate options and get enhanced market visibility, empowering you to make well-informed procurement decisions.
At STX, we trade all environmental commodities. We make the essential connections that create liquidity in the environmental commodities markets.
What’s more, we are experts in the complex regulatory environment that surrounds trading in this domain. We ensure compliance and adherence to regulations across the globe.
Our work helps both governments and companies achieve their sustainability goals with the help of capital markets.
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Labels
Buying Guarantees of Origin with the ecolabels below guarantees that the renewable energy adheres to the ecolabel’s requirements.
TÜV NORD: German ecolabel promoting energy from new power plants.
TÜV SÜD – EE01: German ecolabel that promotes the use of new power plants. Supports new technologies and invests in new projects.
OK POWER: German ecolabel from the Hamburg Institute to promote new power plants. Supports the expansion of and investment in renewable power projects.
Naturemade Star: Swiss ecolabel for ecological improvements. Plants receive certification through Association for Environmentally Sound Energy (VUE). Supported by WWF and Konsumentenforum Schweiz.
EKOenergy: EACs fulfil stricter environmental criteria. Simultaneously allows fundraising for RE projects in developing countries.
Bra Miljöval: Swedish ecolabel established in 2002 through Svenska Naturskyddsföreningen (The Swedish Society for Nature Conservation). Translation “Good Environmental Choice”. Enforces environmental protection through generating plants.
Corporate Decarbonization Services
Are you interested in corporate renewable electricity solutions? STRIVE by STX, the dedicated climate action arm of STX Group, offers companies comprehensive solutions to decarbonize their Scope 2 emissions, hedge and diversify their energy mix. Learn more below:
STX in the GoO Market
Energy Players
Energy Utilities and Suppliers
STX Group is a GoO market maker, able to provide quick and efficient execution of trades. Our global market presence and knowledge enable us to price any products, from generic to exotic volumes. As a result, we help our counterparties buy and sell energy certificates seamlessly.
Corporations
Corporations
Through STRIVE by STX, we assist our corporate partners in meeting their voluntary goals and compliance standards. We help them navigate the market, offering a one-stop-shop for all EACs and environmental commodities. As a result, our business clients can rest assured our solutions are tailored to their specific needs.
Developers
Developers
STX is equipped to assist renewable energy project developers in optimizing their revenue streams. We ensure the generated power and certificates find their best value through seamless transactions.
Traders
Traders
STX is a market liquidity provider, providing competitive prices and quickly executed trades. We support our trade counterparties in achieving their goals and obtaining necessary certificates most efficiently.
Contact
Interested or have any questions?