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Changes in guarantees of origin when purchasing electricity

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Changes in guarantees of origin when purchasing electricity

Starting in 2024, Green Cargo will purchase guarantees of origin for fossil-free electricity production (wind, hydro- and nuclear power) instead of guarantees of origin for renewable electricity production (wind and hydropower) from the Swedish Transport Administration. This is a result of the dramatic price increase for guarantees of origin for renewable electricity noted during the end of 2022.

Prices for guarantees of origin are volatile and it is difficult to assess and ensure a price ahead of time. The current market prices that the Swedish Transport Administration provided in autumn 2023 are equivalent to approximately SEK 0.04–0.05 per kWh for renewable electricity production (wind and hydropower) and approximately SEK 0.008–0.009 per kWh for fossil-free electricity production (wind, hydro- and nuclear power).

Customers who still wish to purchase guarantees of origin for renewable electricity production (wind and hydropower) will be able to do so in a separate order to Green Cargo no later than December 15, 2023. Contact your usual sales representative for more information.

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Stephan Ray

Stephan Ray

Press contact Head of Communications & Public Affairs

Sustainable Logistics

Green Cargo is a sustainable logistics partner and a crucial part of Scandinavia's trade and industry. Almost 98 percent of our transports takes place using electric trains with a very low climate impact. Every 24 hours, some 400 freight trains depart, replacing around 9,000 truckloads on the road network. We serve close to 300 locations in Sweden, Norway and Denmark through our network, and with our partners we reach all of Europe. Green Cargo is owned by the Swedish State. We transport 20 million tonnes of freight, have 1,800 employees and annual sales of about SEK 4,2 billion (2023).