A new guide, “Overview: Renewable Energy Certificates” provided by the U.S. Department of Energy’s Better Climate Challenge, presents information for the U.S. renewable energy market.
A renewable energy certificate (REC), also known as a renewable energy credit or a green tag, is a tradable, nonphysical commodity in the U.S. energy market that represents certain attributes associated with 1 MWh of generated renewable energy, including the type of renewable energy, the emissions rate associated with that energy, and the grid to which the energy was delivered.
This guide provides a look at:
- What Are Renewable Energy Certificates?
- REC Regional Tracking Systems
- REC Procurement
- RECs Accounting and Reporting
Download the document to learn more about the current state of RECs: