Green Energy Certificates
Greenpower renewable energy certificates and scope 2 offset data is included in the annual national greenhouse and energy reporting data publication for registered corporations and reporting transfer certificate holders that meet the publishing threshold.
Green energy certificates. What is defined as renewable varies from certificate trading scheme to trading scheme. When you purchase recs renewable energy is generated. These environmental attributes called green certificates also known as green tags renewable energy certificates or tradable renewable certificates are then sold to companies and individuals who want to help increase the amount of clean power entering our nations electricity supply. Typically one certificate represents the generation of one megawatthour of electricity.
Renewable energy certificates recs also known as green tags renewable energy credits renewable electricity certificates or tradable renewable certificates trcs are tradable non tangible energy commodities in the united states that represent proof that 1 megawatt hour mwh of electricity was generated from an eligible renewable energy. A green certificate is a tradable asset which proves that electricity has been generated by a renewable green energy source. It started with a few small companies passionate about moving the needle. Renewable energy certificates recs also known as green energy certificates or tradable renewable certificates are proof that energy has been generated from renewable sources such as solar or wind power.
With 20 years experience and over 300 power projects certified gcc is one of the worlds leading independent certifiers of renewable energy. This data recognises the impact voluntary renewable energy purchases by registered corporations such as greenpower has in reducing their. It is also referred to as renewable energy certificate rec or renewable obligation certificate roc. A rec is a certificate created by a tracking system such as the new york generation attribute tracking system nygats that represents the attributes of one megawatt hour of electricity generated from a renewable source like solar or wind.
A green certificate is typically issued per 1 mwh of renewable power. The international currency of green power. Renewable energy certificates recs are tradable non tangible energy commodities in the united states that represent proof that 1 megawatt hour mwh of electricity was generated from an eligible renewable energy resource. Gcc certifies renewable energy production around the world delivering value for generators and proof of claims for consumers.
The renewable energy industry was in its infancy and renewable energy certificates recs were becoming the new currency of green power. Each rec represents the environmental benefits of 1mwh of renewable energy generation.