Certified green power demand up by 11% in Q2 2015

The demand for renewable electricity in Europe, certified with Guarantees of Origin, increased 11% on the year to 255 TWh in the second quarter of 2015, according to statistics from the Association of Issuing Bodies (AIB).

The European market, which is on track to reach a total market volume of 400 TWh for the full 2015, is mainly driven by Germany.

In 2014, certified green power in Germany reached a volume of 80 TWh. This year it is headed for the 100 TWh mark, which will represent a quarter of the total European volume. The German figures for April to June already show a market demand of 69 TWh, an increase of 11 TWh, or 19% higher than the second quarter last year.

With a total power consumption of around 580 TWh, Germany is now close to having as much as 20% of all electricity consumption documented as renewable.

The developments in 2015 follow a record-breaking 2014, during which the market experienced a 27.6% growth and an all-time high of 314 TWh in demand for renewable electricity.

The European demand for renewable electricity documented by Guarantees of Origin now constitute more than 10% of all electricity consumption in Europe and more than one third of all electricity from renewable sources in Europe.

Behind this growth are thousands of businesses and millions of households in numerous European countries – voluntarily purchasing renewable electricity with Guarantees of Origin, according the Norwegian-based company ECOHZ, a provider of renewable energy Guarantees of Origin for electricity providers, businesses and organisations.

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