Issuers
•• Putting the Standard and Code into practice
Independent entities responsible for the registration and issuance of I-RECs
Issuers are responsible for the registration of ‘Registrants’ (production device owners or entities acting on production device owners’ behalf) and their respective production devices in a country or region. Without Issuer authorization for a specific country or region, it is not possible to issue I-RECs for production devices in that country or region. In addition, Issuers are responsible for the issuance of I-RECs, which includes the verification of data, which is typically provided by users.
For each Product Code, in each country, the I-REC Standard Foundation Board must authorize or promote an Issuer to implement the rules established in the Product Code that are adherent to the International Attribute Tracking Standard (Standard).
It is our preference for a local Issuer to be appointed, as a well-informed stakeholder in the country or region as they can stay up to date with legislation and ensure the reliability of the implementation of the Standard. However, the role of the Issuer can be fulfilled by a variety of entities such as for-profit organizations, non-profit organizations, or governmental bodies. But most importantly, Issuers must be able to act independently of the market, which means that they cannot be involved in the production of the underlying I-REC or the trade of I-RECs.
Issuers under the Electricity Code
Approved I-REC Standard Issuer
| Organization | Issuer Type | Issuing in following country | Description |
| AENOR Peru SAC | I-REC for Electricity | Peru | AENOR Internacional SAU (AENOR) is a Spanish leading certification body in both quality management systems and environmental management systems. AENOR has a permanent presence in 12 countries including Peru where it operates through AENOR Peru S.A.C., its Peruvian subsidiary which has a high specialization in testing, inspection, and certification. For more information, please reference the documents on this page and visit AENOR’s website. |
Department of Energy Abu Dhabi
| I-REC for Electricity | Abu Dhabi, UAE | The Department of Energy Abu Dhabi (DoE of Abu Dhabi) is the newly approved I-REC(E) Issuer in Abu Dhabi. Registration can take place through the DoE Abu Dhabi’s website. For more information, please contact the I-REC Standard secretariat at secretariat@irecstandard.org. |
| CSG Carbon Asset Management | I-REC for Electricity | China | CSGCM is a wholly owned subsidiary of CSG (China Southern Power Grid Co., Ltd.), which is responsible for carbon assets, REC, and other related businesses, and has rich business experience in GEC, I-REC, and other fields. CSGCM will be the first official, Accredited Issuer of I-REC in China covering the provinces of Guangdong, Guangxi, Yunnan, Guizhou, and Hainan, as well as Hong Kong SAR and Macau. Registration can take place through CSGCM’s website.
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ECSIM (the Center for Studies in Systemic Economics)
| I-REC for Electricity | Colombia | ECSIM is a non-profit organization focused on the green solutions for societal and environmental struggles, as well as local I-REC Issuer in Colombia. Registrations can take place through Fundación ECSIM, who can be contacted directly through their website. |
| Suriname Energy Chamber | I-REC for Electricity | Suriname | The Suriname Energy Chamber (SEC) has been Accredited as the local Issuer. The SEC acts as the national platform for information, training, and events for the energy sector in the country. They focus on the collaboration between the private and public sectors and are therefore highly well-connected and well-informed about the market. |
Electricity Generating Authority of Thailand (EGAT)
| I-REC for Electricity | Thailand | EGAT is Thailand’s leading state-owned power utility under the Ministry of Energy. Registration is possible through EGAT’s website. For more information contact the I-REC Standard secretariat at secretariat@irecstandard.org. |
ECOJER Association
| I-REC for Electricity | Kazakhstan | ECOJER Association is the I-REC(E) Issuer for Kazakhstan. ECOJER’s goal is to consolidate the business and civil society to represent and protect common interests, assist in environmental protection activities; taking a balanced approach between the government’s environmental policy, the public interest in improving environmental quality and the need to develop the economic potential of the business community. Registration can take place through ECOJER’s website. |
| ECOSTAR Energy Solutions | I-REC for Electricity | Zambia | Ecostar Energy Solutions has been approved as the local I-REC(E) Issuer in Zambia, having been supported by the Ministry of Energy (MOE) of Zambia. Please contact the I-REC Standard secretariat at secretariat@irecstandard.org for more information on how to register through Ecostar.
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Energy Peace Partners (EPP)
| PRECs (labeled I- REC for Electricity) | Chad, Democratic Republic of the Congo, Somalia, South Sudan, Haiti, Ethiopia | EPP issues Peace Renewable Energy Credits (P-RECs) labelled RECs, among other ordinary I-REC(E). P-RECs are designed to stimulate renewable energy market development in fragile and energy poor regions of these countries. The I-REC Standard Foundation recognizes P- RECs as I-REC(E)s with a ‘peace’ label that indicates high-impact social co-benefits. Registrations can take place through Energy Peace Partners’ website. |
Foton Energy
| I-REC for Electricity | Turkey | Foton are an energy-transition start-up company based in Turkey. The company became Turkey’s official I-REC issuer in July 2020, in advance of an expected regulated market for EACs in Turkey. Registration can take place through Foton’s website. |
Green Certificate Company (GCC)
| I-REC for Electricity | Bangladesh, Burkina Faso, China, Costa Rica, Dominican Republic, Egypt, El Salvador, Ghana, Guatemala, Honduras, India, Indonesia, Malaysia, Mauritius, Nigeria, Panama, Peru, Philippines, South Africa, Sri Lanka, Taiwan, Uganda, Vietnam, Ecuador, Cambodia, Jordan, Morocco (Western Sahara), Oman, Saudi Arabia, Singapore, Laos | GCC certifies renewable energy generation around the world. The I-REC Standard Foundation often approves GCC as the default Issuer of I-REC(E) in the case no other suitable local Issuer can be identified. GCC will be released from their position as the default Issuer if a suitable local alternative is identified. |
Green Energy Services (GES)
| I-REC for Electricity | Israel | Green Energy Services can be contacted directly via e- mail. Registrations can take place through Green Energy Services’ e-mail: mailto:issuer@greenenergyservices.co.il |
| Instituto Argentino de Normalización y Certificación (IRAM) | I-REC for Electricity | Argentina | IRAM is an independent, not-for-profit association that has experience in ISO and other Standardization processes. Registration can take place through IRAM’s website. Argentinian devices can be registered following the development of the Local Working Instructions (LWI) by IRAM. |
| Instituto Totum | I-REC for Electricity | Brazil | Instituto Totum provide Brazilian companies, associations, and business with modern solutions in line with global trends in certification. Instituto Totem is the local Issuer in Brazil. Registrations can take place through Insituto Totum’s website. |
| Lebanon Center for Energy Conservation (LCEC) | I-REC for Electricity | Lebanon | The LCEC was created by the Ministry of Energy and Water (MEW) and the United Nations Development Program (UNDP) as an independent, not-for-profit organization within the Ministry of Energy and Water in 2011. The LCEC is driven to expand Lebanon’s development of efficient, renewable energy sources and to increase energy security and de-carbonization levels. The LCEC proactively develops policies, implements projects, and assists in shaping the market in harmony with the global sustainable energy transition. Registration can take place through their website. |
Local Good
| I-REC for Electricity | Japan | Registrations can take place through Local Good. Please contact the secretariat (secretariat@irecstandard.org) for more information regarding restrictions and timing. |
| The Ministry of Economy and Finance of the Republic of Uzbekistan | I-REC for Electricity | Uzbekistan | The Ministry of Economy and Finance of the Republic of Uzbekistan is the local I-REC(E) Issuer in Uzbekistan. For more information, please visit their website |
Normex
| I-REC for Electricity | Mexico | Normex is a worldwide organization, accredited by the Mexican Accreditation Entity AC (ema) and approved by the Ministry of Economy, as well as by different government entities, to carry out standards, audits, inspections, and laboratory tests, under the requirements of national and international standards. Normex has been approved by the I-REC Standard Foundation Board to be the local I-REC(E) Issuer in Mexico. Registration can take place through Normex’s website. |
| Oakley Greenwood | I-REC for Electricity | Australia | Australia has been approved for below baseline issuance. Oakley Greenwood has been accredited by the I-REC Standard Foundation to be the Issuer for I-RECs for electricity (I-REC(E)) in Australia. An Issuer is responsible for verifying and approving the registration of production devices and requests for certificates for their output. Registration can take place through Oakley Greenwood’s website. |
| OLOLT Climate Change and Carbon Market Development Center (OLOLT Center) | I-REC for Electricity | Mongolia | The OLOLT Climate Change and Carbon Market Development Center (OLOLT Center) has been Accredited as Mongolia’s I-REC(E) Issuer. The OLOLT Center is a national climate-oriented non-governmental organization, dedicated to empowering and bridging the public and private stakeholders for accelerating resource mobilization and climate actions through the facilitation of market and non-market instruments. For more information, please visit the OLOLT Center’s website. |
| Pakistan Environment Trust (PET) | I-REC for Electricity | Pakistan | The Pakistan Environment Trust (PET) is a non-profit organization mobilizing global capital and expertise towards tackling Pakistan’s toughest environmental challenges. Partnered with leaders from business, finance, government, and non-profits, PET delivers initiatives that are enabling the transition towards a climate-resilient, low-carbon, and biodiverse Pakistan. PET’s mission is to mobilize global capital and industry-leading expertise towards solving Pakistan’s toughest environmental challenges. Registration can take place through their website. |
Santiago Climate Exchange (SCX)
| I-REC for Electricity | Chile | SCX is a private organization focused on tracking the reduction of greenhouse gas (GHG) emissions and local I-REC Issuer in Chile. Registrations can take place through Santiago Climate Exchange’s website. |
| Three Pillars Group | I-REC for Electricity | Oman | Three Pillars Group Consulting is an Oman-based consultancy specialized in various environmental assessments including the renewable energy sector. Registrations can take place through Three Pillars Group. Three Pillars Group can be contacted directly through the website here. Currently there are no restrictions to issuance. |
| World Green Economy Organization (WGEO) | I-REC for Electricity | Dubai | The World Green Economy Organization (WGEO) emerged in response to the priorities and concerns identified from Rio+20 United Nations Conference on Sustainable Development in 2012. The World Green Economy Organization (WGEO) has taken over the role of I-REC Accredited Issuer from the Dubai Carbon Center of Excellence (DCCE) in the Emirate of Dubai. For more information on WGEO, please visit the WGEO’s website. |