What Are Renewable Energy Certificates (RECs)?
Renewable Energy Certificates (RECs) are the underlying mechanism for claiming consumption of renewable energy. RECs support decarbonization compliance and can help you reduce your Scope 2 emissions with best-in-class practices through global accounting and reporting, bolstering renewable energy development, and relieving pressure from your shareholders. These internationally-recognized certificates support compliance by:
- Adhering to global accounting and reporting frameworks
- Bolstering renewable energy development
- Relieving pressure from your stakeholders
Also known as other schemes around the world, RECs are internationally recognized, tradable instruments which prove that electricity has been generated from solar, wind or another renewable source. Each REC represents the environmental benefits of 1MWh of renewable energy generation.