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Renewable Energy Certificates (RECs)

RECs represent the property rights to renewable electricity generation’s environmental, social, and non-power attributes.

Definition and Purpose:

RECs represent the property rights to renewable electricity generation's environmental, social, and non-power attributes. They are issued when a renewable energy resource generates one megawatt-hour (MWh) of electricity to the grid.

Attributes:

RECs include data such as certificate type, tracking system ID, renewable fuel type, renewable facility location, nameplate capacity of the project, project name, project vintage (build date), certificate (generation) vintage, certificate unique identification number, utility to which the project is interconnected, eligibility for certification or renewable portfolio standard (RPS), and emissions rate of the renewable resource.

Legal Basis:

RECs are the accepted legal instrument through which renewable energy generation and use claims are substantiated in the U.S. renewable electricity market. They are supported by various levels of government, regional electricity transmission authorities, NGOs, and trade associations.

How RECs Work:

RECs play a crucial role in accounting for, tracking, and assigning ownership to renewable electricity generation and use. They also help consumers substantiate renewable electricity use claims on a shared grid.

REC Arbitrage:

This is a green power procurement strategy used by electricity consumers to decrease the cost of their renewable electricity use and substantiate claims of renewable electricity use and carbon footprint reduction.

FAQ

A detailed answer to provide information about your business, build trust with potential clients, and help convince the visitor that you are a good fit for them.
A detailed answer to provide information about your business, build trust with potential clients, and help convince the visitor that you are a good fit for them.
A detailed answer to provide information about your business, build trust with potential clients, and help convince the visitor that you are a good fit for them.
A detailed answer to provide information about your business, build trust with potential clients, and help convince the visitor that you are a good fit for them.
A detailed answer to provide information about your business, build trust with potential clients, and help convince the visitor that you are a good fit for them.
A detailed answer to provide information about your business, build trust with potential clients, and help convince the visitor that you are a good fit for them.
A detailed answer to provide information about your business, build trust with potential clients, and help convince the visitor that you are a good fit for them.
A detailed answer to provide information about your business, build trust with potential clients, and help convince the visitor that you are a good fit for them.

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