Renewable Energy Certificate
A Renewable Energy Certificate (REC) is the official standard to certify the renewable origin of electricity in North America, comprising USA and Canada. It is unbundled from the physical electricity while being the only way to claim usage of renewable energy except for on-site production. As in all Energy Attribute Certificate (EAC) System, double counting is avoided by unique Renewable Energy certificates for each MWh. Additionality can be improved by procuring special labels, comprising strict criteria for the production of green electricity, extra funds and social improvements in the surrounding area. One Renewable Attribute Certificate equals one MWh of renewable electricity and also comprises information about other ESG factors of renewable electricity generation.
- Renewable Electricity
- Voluntary market
- North America (USA & Canada)
