NEWS.grexel Archive

Country Updates - Harmonization and Trade Bans

January, 2013
Sweden changed their GO expiration rules for 12 months after the end of the production period. Before, the GOs in the domain expired 12 months after the start of the production period. The energy market inspectorate decided to change the rules in Sweden in order to match the situation in other countries and to match the recommendations by RE-DISS. The effect of this will in most cases be that the GOs have a one month longer lifetime, and this modification should not affect users normal activities; you will only notice a difference in expiry date.
Belgium Flanders has decided to accept Icelandic GOs starting from November 15th. The Flemish domain had stopped importing GOs from Iceland earlier this year due to the lack of residual mix calculations for Iceland. Now, after an efficient consultancy project between Grexel and Ministry of Industry and Innovation, Iceland has a reliable disclosure regulation and its GOs are again recognized by Flanders.
Netherlands still bans all the imports coming from Iceland, regardless of the origin of the certificate.
Beginning in 2013, Germany won’t accept any 2013 and later RES-GO production import from other domain to their registry.

Disclosure - Problem Solved

January, 2013
Early in 2012, Iceland had implemented the directive 2009/28/EC Article 15 for Guarantees of Origin, but had no legislation for disclosure. This lack of legislation led to the Netherlands and Belgium-Flanders banning imports of GOs from Iceland, since it could not be guaranteed that the attributes of Icelandic guarantees of origin exported to mainland Europe were not double counted.
Grexel and the Ministry of Industry and Innovation decided upon a fast-learning consultation project where...
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FIN141 on their way to Rio

January, 2013
The water is getting chillier and Grexel is ready to go… sail! Yes, sail.
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Grexel Writes an article in the Tax Tribune

January, 2013
Grexel CEO, Marko Lehtovaara, and Renewable Energy Expert, Markus Klimscheffskij, co-wrote an Article for issue 29 of the Tax Tribune: Magazine of the Intra-European Organisation of Tax Administrations.
The Article covers basics of energy certification and emphasis the viewpoint of Tax Administrators. The aim of the Article is to increase the knowledge of Tax Administators about energy certificates, in order for them to be better equipped to protect the field from VAT fraudsters. Grexel is a member of the Anti-VAT Fraud taskforce of the AIB.
Link to Article »

Issuing Swedish GOs

August, 2012
In order for national Swedish GOs (ursprungsgarantier) to be issued, the production device has to be approved for Swedish GOs by the Energy Agency (Energimyndigheten). The actual issuing takes place at the same time when the elcertificates are issued, in the middle of the following month after production. Regarding production devices registered for EECS, the GOs are issued with EECS capability in Cesar. These GOs can be exported to CMO.grexel and can after that be used in the international market. The link from Cesar to CMO.grexel is unidirectional – no EECS GOs can be imported into Cesar.
EECS rules enable issuing of EECS GOs only for the net production of the production device, i.e. gross production minus the consumption of generating auxiliaries and losses in the main generator transformers (unless these are considered as grid loss). This is different from the situation regarding elcertificates and Swedish GOs. When gross measurements are reported to Cesar the reported energy has to be multiplied by a correction factor calculated by the auditor to correct the number EECS GOs. A production device is in the normal case registered by the owner(s). It is also possible that the owner signs a power of attorney granting all rights of the issued GOs to another account holder.

CMO.grexel Update and Information to users

August, 2012
Find out what CMO.grexel's new release brings to you!
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GOs Expiration Rules in Different Countries

August, 2012
By EU law, a GO is valid only 12 months from the production of the corresponding energy unit (2009/28/EC). In practice, different countries have different ways of applying this rule and, in some cases there is no specific statement on expiration of a GO at all. In Denmark, Iceland and Norway for example, certificates expire 12 months after the end of the production period of the corresponding energy unit, while in Sweden it is considered that a certificate expires 12 months after the start of the production period of the respective energy unit. The 12 months’ lifetime rule is least pronounced in other AIB members which have so far been able to store old GOs and use them at a suitable time. This will, however, change in the near future and the procedures used in each country will be clear when AIB members release their new Domain Protocol.

Country Updates

August, 2012
France is currently not exporting or importing EECS certificates. The French registry is not yet updated according to the new EECS rules. Hence, traders that still want to export or import EECS RECS certificates have to proceed only by ex-domain cancellations directly for use in France. Please keep in mind that if you decide to cancel certificates for final use in France (or in any other domain other than where the account is located), any ex-domain cancellation fees may apply
Belgium-Flanders has decided not to approve Icelandic GOs. The calculation of and requirement to use the residual mix is not guaranteed in Iceland. To successfully prevent double counting, all GOs cancelled in and exported from Iceland would have to be removed from the mix of attributes used in electricity disclosure for regular consumers, i.e. such not purchasing a specific electricity product. Since the renewable origin of GOs exported from Iceland might still be used in the disclosure of electricity consumption in Iceland, Belgium-Flanders has decided not to approve Icelandic GOs to be imported in their domain.

AIB Meeting in Helsinki

August, 2012
In honor of its 10th anniversary, the Association of Issuing Bodies (AIB) organized a meeting on 14-15th of June, in Helsinki. Two days of intensive meetings were lightened up by a boat trip to Suomenlinna fortress, where guests enjoyed outdoor activities and a festival dinner organized by Grexel, and funded by AIB and sponsors of the meeting: Fortum, GreenStream, Grexel and UPM. The meeting and evening program were held together with RECS International, which congratulated AIB with a spectacular jazz performance by Mr. President Claes Hedenström. The joint program gave members of both organizations a good chance to make new connections and exchange ideas.

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