•• Supporting through new governance bodies

The I-REC for Electricity Governing Council

The I-REC for Electricity Governing Council (Electricity Council) is a group of stakeholders that support formalizing the governance and oversight of the I-REC(E) Product Code. For the Electricity Council, all Accredited parties (Code Manager, Registry Operator, Issuer, Labelling Authorities, Platforms) will have a future role, as will Market Players, their clients, and third-party stakeholders.

To accommodate these groups, the Electricity Council stakeholders will be appointed with voting rights. The Electricity Council will take positions on the geographic availability of tracking instruments, Code changes, market barriers, adherence to national regulations, and coordination with standards, governments, and other stakeholder groups.

The goal of the Foundation is to implement the Electricity Council during the 2022 calendar year. More information about the Council can be requested by the Foundation secretariat.