24 March 2020
21 January 2020
The International REC Standard Foundation is proud to be a collaborating partner for the REC Market Meeting, wich is taking place on 31 March and 1 April. On 30 March pre-conferece sessions will be held.
12 November 2019
The International REC Standard Foundation spoke on the first day of the WETEX convention in Dubai about the success of I-RECs internationally together with DCCE, the issuer of the U.A.R. In the following days, the International REC Standard Foundation gave a workshop about the I-REC system followed by another presentation about the future role of I-RECs in sustainable cities. The Foundation is pleased with the results of the convention and is confident that demand can drive renewable energy developments in the U.A.R.
Click here for pictures of the event.
11 November 2019
9 November 2019
The SPGroup has been officially approved by the International REC Standard as issuer of Singapore. The International REC Standard is looking forward to continuing the cooperation with SP Group in facilitating a robust tracking system in which consumers can choose their electricity source based on reliable information.
2 November 2019
The I-REC Standard Foundation board voted to approve a simplified method for device owners to redeem their own certificates on their behalf. End-users of electricity with owned (renewable) generation facilities were previously required to register or work with a market participant to redeem certificates for their own generation. This change allows these “prosumers” to procure and redeem certificates from their own facilities with a greater level of flexibility and at reduced costs. This new process is intended to limit the burden and complexity for these self-consuming renewable generators. The process will be implemented on an issuer-by-issuer basis starting in January 2020. If you have questions about self-consumption or the process in which it will be implemented please contact the secretariat at email@example.com.
10 October 2019
The International REC Standard Foundation is publishing a statistics document on the issuance and redemption of I-REC certificates. The document can be downloaded here.
8 October 2019
Following the I-REC Standard Foundation Board meeting on Friday October 3th the following countries have been authorized to issue certificates via the associated issuers:
1 October 2019
5 September 2019
On Thursday 31 October 2019 the International REC Standard and SP Group are jointly organizing the I-REC Forum Singapore.
15 June 2019
10 June 2019
1 March 2019
22 January 2019
From 12-13 March 2019 the REC Market Meeting will be taking place in Amsterdam, The Netherlands. The International REC Standard will be speaking in various sessions.
22 January 2019
The International REC Standard will be speaking at the 9th edition of the REC Market Meeting, the annual conference organized under the auspices of RECS International. The conference brings the latest news and updates about demand side markets for renewable energy worldwide.
18 October 2018
The State of Israel supports the development of the I-REC Standard as a method to account for Scope 2 emissions within the national voluntary GHG Registry.
16 October 2018
Trade under the International REC Standard has grown significant during this last year.
13 October 2018
The I-REC Standard has had a number of successful workshops around the world.
12 October 2018
Atlantic Energias Renovaveis has signed a deal to deliver about 8.3 million I-RECs in Brazil over the next 6-years. This is yet another sign that the market in Brazil is expanding significantly due to the support of market players, local authorities and the local issuer Instituto Totum.
2 October 2018
Registed participants on the I-REC Standard should remember to opt-in for the public listing of market participants.
9 July 2018
The I-REC Standard board has voted to expand issuance criteria in India. In the coming weeks the secretariat was instructed to expand issuance criteria in India to adhere to the following:
20 May 2018
In April the I-REC Standard board and Secretary General concluded a study trip in China to meet with the Chinese National Energy Administration as well as the National Renewable Energy Engineering Information Management Center (NRIC).
14 May 2018
Harmonized tracking systems are increasingly being implemented around the world. Dubai Carbon Centre of Excellence (DCCE) is the legally authorized issuer for the I-REC Standard in the United Arab Emirates (see here). In an effort to expand the support of attribute tracking systems across the Arab world DCCE is cooperating with local electricity producers in Morocco to ensure broader consumer engagement in countries where cost-efficient renewables production is already a reality today.
20 April 2018
Self-consumption accounts are becoming increasingly important. Stakeholders and market players expressed their interest in self-consumption through an official I-REC Standard Code Change Proposal.
15 April 2018
The I-REC Standard has been awarded a contract by the National Environment Agency (NEA) of Singapore to provide renewable energy certification services in Singapore. This will allow the NEA to register renewable energy assets on the I-REC registry, as well as issue, transfer and redeem attribute tracking certificates. These attribute tracking certificates can be used to substantiate claims of renewable energy generation or consumption. The official press release can be seen here.
28 March 2018
Reports by the secretariat show how volumes of issuance, transfer and cancellation have been increasing rapidly in 2017.
1 March 2018
1 February 2018
10 November 2017
17 August 2017
The I-REC Standard board is organizing an Advisory Group meeting in order to get input from stakeholders and market players to improve the quality of the I-REC Standard.
3 March 2017
16 February 2017
Electricity production that took place in 2016 must receive an I-REC Certificate prior to the residual mix deadline of 15 May 2017.
13 February 2017
In order to ensure reliable, robust and transparent attribute tracking systems in China the I-REC Standard has launched the Chinese National Team.
10 February 2017
The RECs Market Meeting organized by RECS International is scheduled to take place on March 21 and 22, 2017 in Amsterdam, the Netherlands.
10 November 2016
The I-REC Standard board has been busy with reviewing country reports and documentations initiatied by market players. A result of this work can bee seen in the document Authorized issuance countries.
8 November 2016
The secretariat received authorization on November 7th 2016 from the Dubai Supreme Council of Energy granting the Dubai Carbon Centre of Excellence (DCCE) the exclusive rights to document and issue RECs in the United Arab Emirates. The I-REC secretariat is working together with the I-REC Standard board and DCCE to ensure the I-REC Standard is implemented in the UAE in a reliable and transparent manner. Issuance is expected in early 2017 assuming the I-REC Standard board authorized DCCE as local issuer. Please contact the secretariat for more information.
8 August 2016
In collaboration with local stakeholders, national authorities and international market players the International REC Standard has authorized the Rest of the World (RotW) issuer to conduct issuance of I-RECs in India. The I-REC Standard board allowed for the issuance of I-RECs as long as there is guaranteed to be no interaction with the existing Renewable Purchase Obligation (RPO). For this reason the issuer in India is restricted to issuing I-RECs from renewable production devices of >25 MW installed capacity hydroelectricity. It is the hope of the I-REC Standard that the Indian Energy Exchange (IEX) will takeover issuer activities in 2016.
14 March 2016
During the I-REC Standard board meeting that took place on March 7 2016 the I-REC Standard has confirmed its position regarding issuance regulations of I-REC certificates for 2015 and 2016 vintages.
2 February 2016
During the December 15, 2015 I-REC Standard board meeting it was decided to extend retroactive registration rules into 2016. During this meeting there was also discussion to implement a system-wide residual mix (RM) deadline and as such restrict issuance for production taking place after the RM deadline. As a result of this discussion a code change request has been submitted to the I-REC Standard board for approval.
19 August 2015
The U.S. based National Renewable Energy Laboratory (NREL) recently published a two-page document titled, “Renewable Electricity: How do you know you are using it?”. The document primarily focuses on the use of RECs in the U.S. and how the reliability of the attribute transfers can be guaranteed. In the final section, “International Use of RECs” The International REC Standard is mentioned as a customized tracking system that can be implemented for individual countries.
For more information on NREL you can go to their website here: http://www.nrel.gov/
To view the fact sheet “Renewable Electricity: How do you know you are using it?” click here: http://www.nrel.gov/docs/fy15osti/64558.pdf
10 August 2015
The South Pole Group has registered the first production device in Latin America. The production device is a 39-MW solar photovoltaic production station. The press release about this registration can be seen here.
28 July 2015
European University Institute presents the I-REC Standard as a way to improve efficiency of investments
The authors of the paper “Capturing Synergies among the Power Markets around the Mediterranean" suggest that governments can implement electricity tracking systems as a way to make renewable, “green” investments, more attractive. The I-REC Standard is presented as a possible option for national governments looking to implement these type of attribute tracking systems.
14 July 2015
The I-REC Standard has released three I-REC Guide documents to explain the I-REC system.
2 July 2015
ECOHZ, a supplier of a wide range of renewable energy solutions to electricity providers, businesses and organizations across Europe and together with SGS, the world’s leading inspection, verification, testing and certification company, have taken the lead in promoting renewable power documented with the I-REC Standard.
22 January 2015
The recently published GHG Protocol Scope 2 Guidance document has mentioned the I-REC Standard as a voluntary instrument that can be used for corporate accounting of indirect carbon emissions.
9 December 2014
The International REC Standard was part of the discussion during the soft launch of the GHGP Scope 2 Guidance document in Taipei, Taiwan.