What Do You Know About Renewable Energy Certificate?

You’ve probably heard of a “Renewable Energy Certificate” (REC) but have no idea what it is. So, in this article, we will help you gain a better understanding by answering some common questions that clients frequently ask VSSES about REC.

What is REC?

A REC (Renewable Energy Certificate) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources.

What is the difference between REC and IREC?

RECs are relevant to renewable energy used in Europe and North America; however, this certificate will be referred to as I-RECs in the Asia market.

Since when REC become an essential asset?

A lot of big corporations from EU and America require partners in their supply chain to switch to renewables since they have committed to powering their whole operation systems with clean energy since their participation in RE100.

Companies joining RE100 make a global, public commitment to 100% renewable electricity. To achieve this goal, they must match 100% of the electricity used across their global operations with electricity produced from renewable sources – biomass (including biogas), geothermal, solar, water, and wind.

Therefore, earning a REC is an evidence showing that you a green supplier who is leveraging on green energy, which helps you gain a reputation among potential customers who are now RE100 members.