The energy origin concept makes it possible to label energy produced by renewable sources as green energy. The concept is highly useful as it is normally impossible to determine whether energy present in the distribution grid was produced by conventional or renewable sources. The energy origin concept gives consumers assurance the energy they consume is green energy. Furthermore, the number of consumers who wish to only consume green energy and who are willing to pay extra money for a guarantee of origin rises every year, which contributes to the strengthening position of sustainable energy across sectors.
When the companies FVE CZECH NOVUM s.r.o. and FVE CZECH a.s. offered the market guarantees of energy origin, ECHOZ, a Norwegian company, entered into a long-term contract with the said companies. The contract makes it possible for ECHOZ to purchase guarantess of origin for itself and its clients, guarantees that provide assurance such energy comes from photovoltaic power plants.