ENERGO-PRO Trading sold the first issued in Bulgaria guarantees of origin for green energy to a Hungarian company


The first issued in Bulgaria guarantees of origin for green energy produced in our country were given to an owner in Hungary. The first ever deal has been realized by ENERGO-PRO Trading EAD and has been enlisted in the Register of the Agency for Sustainable Energy Development. The guarantees of origin have been acknowledged by Hungary and registered in its Register. They were acquired by a local telecommunication company by a procedure consistent with the Hungarian legislation and Directive 2009/28/ of the European Parliament.

The Guarantees of Origin (GO) represent an electronic document that proves that a certain amount of energy has been produced from Renewable Energy Sources (RES). Green energy production is being stimulated with them. By acquiring this document the buyer contributes to the environmental protection.

The Guarantees of Origin (GO) could be purchased also by Bulgarian companies, however, taking into account our specific secondary legislation they could be traded only together with the energy for which they have been issued. In other words, the company-buyer has to buy the energy produced by RES, and together with that to obtain the guarantees of its origin in its role as an end supplier.

According to data from the Council of the European Energy Regulators (CEER) more and more consumers in Europe are inclined to buy and use electrical power produced by RES. Increasing its awareness in this field they stimulate the ecological production thus affirming the conservation of nature as a cultural necessity of the developed societies. Together with that the legislation of the greater part of the countries - members of the European Union provides more freedom in the trading of guarantees of origin and allowing them to be traded both together and separately from the energy for which they have been issued.

The energy produced by RES increases worldwide. According to a research by the International Energy Agency (IEA), in the year 2030 one fourth of the electric power that the mankind will use will be produced by renewable energy sources. The protective for the environment character and decreasing cost of this production makes it more and more preferred in the developed countries which apply various measures for its stimulation. In this sense the possibility the guarantees of origin to be traded is a measure to stimulate the ecological electricity production and purchasing them not only has a positive image effect for the consumers, but also represents a real act of environmental protection.

ENERGO-PRO Trading EAD is part of the ENERGO-PRO Group, founded in 1994 in the Czech Republic. The company owns 47 hydroelectric power stations with total installed capacity of 860 MW. ENERGO-PRO operates on the territory of the Czech Republic, Bulgaria, Georgia, Turkey and Armenia. Over 8000 employees work in it. The company realizes transmission and distribution with electric power to over 2 million customers on the territory of Bulgaria and Georgia.

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