Free Trial

POWER: Romania GOOs Activity Set to Improve Once International Trade Begins:BNEF

POWER

Romania is preparing to enable international trading of Guarantees of Origin (GOOs), aiming to improve market liquidity, with the number of GOOs requesters climbing to an all-time high, according to data from BNEF.

  • Over 440 clean energy producers were awarded GOOs in 2024, with 106 issuing or transferring them for the first time, showing the expansion of the country's renewable market.
  • Romania plans to introduce auctions for GOOs, similar to those in Italy and other European nations, although current GOOs are freely issued and transferred under existing regulations.
  • The move comes as the Ministry of Energy submitted a draft Emergency Ordinance in February 2025, aiming to join the AIB by 2026, enabling cross-border GOO trading.
  • Additionally, CPPAs hit a record 339MW in 2024, with significant growth expected as clean energy supply and demand rise alongside the opening of the GOO market, according to BNEF.







     

    image
140 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Romania is preparing to enable international trading of Guarantees of Origin (GOOs), aiming to improve market liquidity, with the number of GOOs requesters climbing to an all-time high, according to data from BNEF.

  • Over 440 clean energy producers were awarded GOOs in 2024, with 106 issuing or transferring them for the first time, showing the expansion of the country's renewable market.
  • Romania plans to introduce auctions for GOOs, similar to those in Italy and other European nations, although current GOOs are freely issued and transferred under existing regulations.
  • The move comes as the Ministry of Energy submitted a draft Emergency Ordinance in February 2025, aiming to join the AIB by 2026, enabling cross-border GOO trading.
  • Additionally, CPPAs hit a record 339MW in 2024, with significant growth expected as clean energy supply and demand rise alongside the opening of the GOO market, according to BNEF.







     

    image