I-RECs for Electricity
The I-REC(E) Code
An I‑REC for electricity is referred to as I-REC(E) and is an exchangeable Energy Attribute Certificate (EAC) that conveys information about the production of a unit of electricity, such as where the electricity was produced, the capacity of the Production Facility, and the energy source. I‑REC(E)s can be used for a variety of (voluntary) requirements including Scope 2 reporting, national energy reporting, and general End-user claims, and allows all electricity users to make a conscious and evidence-based choice for electricity, in any country where service providers have been Accredited by the I-REC Standard Foundation. The use of I-REC(E)s is accepted by relevant consumer claim standards including the Greenhouse Gas Protocol, CDP, RE100 and others.
The I-REC(E) Code, held by Evident/I-REC Services B.V., is an I-REC Standard Accredited Product Code that describes the application of the International Attribute Tracking Standard. The I-REC(E) Code sets out the definitions, processes, and procedures that form the requirements for the issuance, transfer, and redemptions of an I‑REC(E).
The I-REC(E) Code defines all procedures and processes relevant for the facilitation of the I-REC for electricity Product Certificate.
Evident/I-REC Services BV
Evident was founded in 2014 by a team of experts that had been instrumental in the creation of RECS and the Guarantee of Origin in Europe. Built on expertise in energy certification, regulation, markets, registry design and operation, and issuing service provision, Evident’s mission is to provide a robust and flexible framework for energy certification for governments, industry, and end-users. Evident’s service is accredited to the quality and transparency requirements specified by the International REC Standard Foundation.
Evident is the Code Manager for the I-REC(Electricity) product, responsible for the detailed regulations of the I‑REC(Electricity) service and coordination with partner Issuers around the world. Underpinning Evident’s service is its world-class registry system, which is designed and developed by a team that specializes in energy attribute certificate registries with experience that can be traced to the first such registries in the late 1990s.