Renewable Energy Certificates
What Are RECs?
Renewable Energy Certificates (RECs) are digital instruments that certify the generation of one megawatt-hour (MWh) of electricity from renewable energy sources like solar, wind, or hydropower. They enable organizations and individuals to claim renewable energy usage, reduce their carbon footprint, and support the global transition to clean energy.
Why Are RECs Important?
Drive Renewable Energy Growth
RECs provide financial incentives for renewable energy producers, encouraging further investment in clean energy projects.
Support Sustainability Goals
Organizations can purchase RECs to meet their environmental targets, enhance ESG performance, and demonstrate their commitment to sustainability.
Enable Carbon Neutrality
By buying and retiring RECs, companies can offset their carbon emissions and advance toward net-zero goals.
Certified under global standards like I-REC, RECs play a vital role in building a sustainable future. With Carbon Rush, you can access, trade, and benefit from RECs, making climate action more impactful and rewarding.
The International Renewable Energy Certificate (I-REC) Standard is a globally recognized framework that certifies and tracks renewable energy generation. It ensures transparency, credibility, and standardization in the issuance and trading of Renewable Energy Certificates (RECs).
The I-REC Standard provides a robust platform for renewable energy producers, buyers, and traders to demonstrate and verify the environmental attributes of renewable electricity. This system is widely used by organizations aiming to meet sustainability targets, enhance ESG performance, and transition to clean energy.
Why Choose I-REC?
Global Recognition
The I-REC Standard is accepted in over 50 countries, making it a trusted solution for international stakeholders.
Transparency and Accountability
All certificates are tracked through a secure digital registry, ensuring reliability and trust.
Support for Renewable Energy Goals
I-RECs enable organizations to demonstrate their renewable energy usage and support the global energy transition.
Get Started with I-RECs
Carbon Rush can help you navigate the I-REC system, from project registration and verification to the issuance and sale of certificates. Whether you’re a renewable energy producer or a buyer, we provide the expertise and support you need to maximize the benefits of I-RECs.
For more information on the I-REC Standard, visit the official website.
Number of RECs:
Documents Library
Registration and Issuance of International Renewable Energy Certificates (IRECs) for Projects
International Renewable Energy Certificates represent transferrable proof that one MWh of electricity was produced from renewable energy sources and added to the electrical grid.
Pakistan Environment Trust facilitates market entry for both buyers and sellers.
Purchasing an I-REC allows the buyer to claim consumption of one MWh of renewable energy. They can be to used to reduce Scope 2 emissions. The I-REC Standard ensures that all RECs are in adherence with major international sustainability standards including the GHGP, CDP, RE100, ISO, SBTi, and others.
I-RECs can be a significant source of additional revenue generation.
Once a REC has been sold, it cannot be purchased again.
No, I-RECs do not expire. However, the usability of an I-REC decreases drastically over time, which means it is relatively difficult to sell old I-RECs
May 31, 2022: this is the deadline to request issuance for the period 1 January – 30 June 2021. As such, devices that finalize registration after 31 May 2022 can still request to register for a historical date, but this date is maximum 1 July 2021.
September 30, 2022: This is the deadline to request issuance for the period 1 July 2021 – 31 December 2021. As such, devices that finalize registration after September 30, 2022, can request issuance for 1 January 2022 onwards.
Renewable energy projects or subsidiaries.
First, the company gets registered. Then, the company undergoes a registration process for each of its devices. This registration gets renewed every 5 years.
The final price per certificate, although affected by the market trends, are negotiated between the buyer and the seller.
No. Carbon Offsets represent GHG emissions reductions/avoidance. I-RECs convey use of renewable electricity from a low or zero emissions source.