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.