Renewable Energy Credits (REC)
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- Renewable Energy Credits (REC)
Renewable energy credits (RECs) and other similar Energy Attribute Certificates in global markets (such as European Guarantees of Origin [GOs]) are how renewable energy is tracked and traded around the world. First developed in California in 1999, RECs convey the environmental attributes of renewable generation, and may be bundled with electricity or sold separately on the open commodity market. Voluntary purchasers of green power must have RECs in order to make claims to the clean generation they represent. While no longer a significant source of revenue to projects in the United States, RECs underpin global markets, provide valuable market signals for future renewable energy development, and may provide financial additionality to projects in emerging markets
Latest Sustainability / Environment Insights
Press Release
RILA Adds Seven Retail Execs to Board of Directors
- By [Brian Dodge]
- 01/29/2024
Press Release
RILA, Optera Partner on Retail Product Emissions Reporting
- By [Erin Hiatt]
- 01/18/2024
Blog Post
Reducing Emissions a Focus for Retailers in Ocean Shipping
- By [Jess Dankert, Erin Hiatt]
- 07/20/2023
Blog Post
2022 Election Impact on ESG Issues
- By [Austen Jensen]
- 12/06/2022
Press Release
All-Star Lineup Announced for LINK2023
- By [Jess Dankert]
- 12/01/2022
Blog Post
2022 Proxy Season ESG Lookback
- 11/21/2022