In countries outside of Europe and North America, International Renewable Energy Certificates (I-RECs) allow companies to credibly document renewable energy consumption. This global standard is a recognised tool to report greenhouse gas emissions reduction in a growing number of countries such as Viet Nam, Thailand and other continents: Africa, and Latin America.
The I-REC system builds on best practices from the North American REC market and Europe’s Guarantees of Origin system. I-RECs account for 1 MWh of renewable electricity and state the origin – technology, place, and time – of that unit of energy, allowing buyers to track the source of clean power and its environmental benefits.
When a company buys certificates, they are cancelled in the I-REC Standard electronic registry. The Green Gas Protocol Scope 2 Guidance recognises I-RECs as valid tools to register electricity consumption from renewable sources.
Contact us if you have demand for I-REC.
I-REC is applicable in green countries
I-RECs allow your company to
§ Document consumption of renewables and reliably claim GHG emissions reductions.
§ Trace the origin of electricity and choose between technologies, such as solar, wind, hydro, geothermal or bioenergy.
§ Source renewable electricity outside of Europe and North America.
§ Comply with corporate environmental standards, such as the Greenhouse Gas Protocol.
§ Follow national regulations on renewable energy and improve your sustainability rating.
§ Contribute towards the UN Sustainable Development Goals (SDGs).
Nguồn: I-REC standard