Demand for Renewable Electricity Surpasses 500 TWh in Europe

Commenting on the figures for 2018 released by the Association of Issuing Bodies (AIB), ECOHZ Managing Director Tom Lindberg says that the demand for renewable energy in Europe has, for the first time, surpassed 500 TWh or half a billion Guarantees of Origin (GOs). “If the growth trend from the last five years continues, the GO market will soon surpass €1 billion (US$1.14 billion),” Lindberg adds. He notes that customers are willing to pay a premium on certain origins of energy.

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