On January 26, the Energy Community revealed its plan to create an electronic system for Guarantees of Origin (GOs) in Albania, Bosnia and Herzegovina, Georgia, Kosovo, Moldova, Montenegro, and Ukraine.
GOs are electronic certificates providing proof to end-users that electricity they use was generated by renewable energy. These certificates are widely used in European countries, such as Norway and Switzerland.
In 2006, the Energy Community was established to extend the EU's internal energy market to nations in Southeastern Europe, leading to the creation of a pan-European energy market. The Energy Community Secretariat signed a contract with service provider Grexel last December to implement an electronic system to manage the issuance, transfer, and cancellation of GOs in accordance with EU principles, allowing each country to have their own national registry while also trading GOs regionally.
