Guarantees of Origin
Simple tool for reducing carbon footprint
Be part of the change
For companies concerned with the environmental impact of their products or services and committed to the use of renewable energy sources, the purchase of Guarantees of Origin can effectively support the achievement of sustainability goals and reduce carbon footprint. By investing in renewable energy and obtaining certificates, you will support existing producers of green electricity and help create a more sustainable future.
How it works
The concept of Guarantees of Origin is based on the premise that it is difficult to determine the source of electricity within the distribution network. Therefore, the end consumer uses regular electricity from the grid, but through the Guarantees of Origin scheme, can choose the option, for a slight additional cost, that the amount of electricity they actually consume was generated from a renewable source.
The European Energy Certificate System (EECS) was created to ensure the accuracy and reliability of this system. In the Czech Republic, OTE serves as the governing body that registers and verifies the production of green energy from different renewable sources.
Transfer Energy provides customers with a certificate to prove that the electricity they used was generated from a green source.
Growing Interest
There is a growing interest in reducing emissions on a global scale. Regardless of the industry or the amount of emissions produced, everyone has a role to play. Companies and corporations are the main drivers in using electricity from renewable sources, but interest is also growing among households and public institutions. An increasing number of businesses consider renewable energy essential for future competitiveness, to attract customers, employees, and investors. Demonstrating the use of renewable energy has never been easier than with Guarantees of Origin certificates.
Main Advantages
Reliability
Guarantees of Origin are a unique tool within the EU that can be used to prove where consumed electricity originated from. By cancelling Guarantees of Origin in the European Energy Certificate System (EECS), consumers can demonstrate that they have indeed consumed electricity from the specified source.
Compatibility
27 European countries have formed a common market through the voluntary EECS system. Within this system, all Guarantees of Origin are tradable, which allows companies to choose whether to purchase Guarantees locally or operate on the broader European market.
Transparency
Guarantees of Origin contain all information about the origin of the electricity, giving companies the freedom to choose the source of their renewable electricity based on factors such as specific production technologies and locations.
Renewable Energy Sources in Transportation
Do you operate a charging station for electric vehicles? As of January 1, 2023, you are required to ensure that a minimum share of electricity consumed for vehicle charging comes from renewable energy sources, amounting to 9% of the total electricity consumed for charging. The required share will further increase to 11% from 2025 and 15% from 2030 onwards. The simplest way to meet this legal requirement is to apply guarantees of origin to the supplied electricity.
What renewable energy sources do we offer?
Wind
Solar
Hydro
Biomass
What do our clients say about us?
Solutions CZ s.r.o.
Frequently Asked Questions
Guarantee of origin is an electronic certificate confirming that a certain volume of electricity was generated from renewable energy sources. By redeeming (canceling) the Guarantee of Origin, the delivery of such electricity to the consumer is transparently verified.
Generally, Guarantees of Origin do not significantly increase the price of electricity compared to market prices. Prices vary depending on demand but typically fluctuate within the range of low single-digit percentages of the electricity market price.
"EECS system" stands for "European Energy Certificate System." It is a system for certifying the origin of electricity within the European Union, allowing transparent and credible tracking of electricity from renewable sources.
Renewable sources of electricity eligible for issuing Guarantees of Origin include solar, wind, hydro, geothermal, and electricity generated from biomass.
Direct emissions arise directly from the company's activities, whereas indirect emissions do not originate directly from the company but are a consequence of its activities, such as goods transportation or indirect emissions from purchased energy
Total greenhouse gas emissions resulting from the activities of the company, expressed in CO2 equivalent tons.
The primary goal for reducing the carbon footprint is to improve our environment. Now, legislative requirements are coming into play, along with increasing pressure on companies to report and reduce their carbon footprint. Banks and financial institutions are also starting to assess the environmental impact of companies' activities when providing loans and determining interest rates. Last but not least, it is necessary to mention the company's social responsibility and the potential benefits in business dealings not only with domestic but especially with foreign partners.
