Renewable Energy Certificates (RECS) are tradable certificates that represent the environmental and renewable attributes associated with one megawatt-hour (MWh) of electricity generated from renewable sources. RECs provide a way to track and verify the production and use of renewable energy.
RECs are used to cover scope 2 emissions (energy use). Companies and organizations often use RECs as a way to communicate their commitment to sustainability and renewable energy. By purchasing and retiring RECs, they can show evidence about their use of renewable energy in sustainability reports, marketing materials, and communications with stakeholders. RECs provide a credible and measurable way to demonstrate environmental responsibility and support for renewable energy initiatives.
RECs are issued when renewable energy is generated and injected into the power grid. They are typically associated with electricity generated from sources such as solar, wind, biomass, geothermal, and hydro power.
Are you a renewable energy producer? Get in touch to Register and sell your RECs.
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