Frequently Asked Questions ?
Got questions about reducing your carbon footprint? Our FAQ is here to help. Discover easy-to-understand answers about our services, from managing emissions to Renewable Energy Certificates. We’re committed to guiding you towards a sustainable future.
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Renewable Energy Certificates
- RE100 is a global initiative in which companies commit to sourcing 100% of their electricity consumption from renewable sources.
- RECs play a crucial role as they are considered procured renewable energy and can contribute towards these targets, subject to specific RE100 guidelines.
The prices of RECs can vary depending on various factors such as regional market conditions, supply and demand dynamics, regulatory policies, and the type of renewable energy source.
- Country: Consider the regulations and standards regarding REC market boundaries in the countries where you operate. For example, in Singapore, CDP and RE100 guidelines require Singapore RECs for claims within the country, while SS673 allows sourcing from ASEAN members.
- Price: Take into account the pricing of RECs, which generally varies based on country, vintage and technology.
- Vintage: Check the vintage of RECs, which refers to the year they were produced. Different jurisdictions have specific rules on acceptable vintage dates.
- Technology: Consider the different technologies used to generate RECs, such as solar, wind, hydropower, and biomass. Some buyers may have preferences for certain technologies based on marketing and brand value.
By considering these factors, you can make informed decisions that align with your operational and sustainability needs.
To ensure the authenticity and quality of RECs, companies should engage with reputable and trusted providers. It’s essential to verify that the RECs are sourced from reliable renewable energy projects and comply with recognised certification standards.
Full details of the fees for Registrants and Participants are shown in the Fee Structure document which is available at: https://www.gcc.re/.
No. Market Players require a robust Energy Attribute Certificate (EAC) system that adheres to international best practices to enable them to make trustworthy energy claims. These instruments are provided by Market Facilitators, who are in return dependent on the use of these instruments to continue their facilitation of the market. The International REC Standard Foundation provides a level playing field for all Market Players and guarantees a fair and competitive market. This means that all Participants and Registrants pay the same fees for the same services.
Further information on the fees is available at https://www.gcc.re/.
No. You can engage with a specialist origination company that is an existing Participant if you wish. Alternatively, you can become a Participant and buy direct from the market.
Carbon Credits
Registrants act on the producer side, and can be the generator or an agent of the generator. A Registrant does not have to be the device owner. However, Registrants must have the exclusive right to trade the renewable energy attribute. Registrants are the only parties that can register a production device with the local Issuer and request the issuance of I-RECs.
You can find out more about the role of Registrants at: https://www.irecstandard.org/registrants/#/
Participants are market players and hold accounts on the Evident Registry. Participants can transfer I-RECs to other Participants and redeem them on behalf of consumers. They can also trade certificates from their primary account to the primary account of another market player.
You can find out more about the role of Participants at: https://www.irecstandard.org/participants/#/
Yes, an organisation can register as both a Registrant and Participant.
You need to submit the following information with your application:
- A completed, signed and dated copy of the I-REC Standard Terms and Conditions which are available at: https://www.gcc.re/.
*Please note that the Standard Terms and Conditions differ for Registrants and Participants and if your organization wishes to become both a Registrant and Participant we require completed, signed, and dated copies of both. - A completed, signed and dated copy of the I-REC Registry Application Form for Registrants and Participants available at https://www.gcc.re/.
- Copy of company accounts dated within the last 12 months (e.g., copies of the Profit and Loss Statement or Balance Sheet).
- For corporate bodies: proof of company registration number (e.g., a copy of the Certificate of Incorporation).
- For private individuals: a copy of the applicant’s passport.
No. The I-REC market operates on a non-discriminatory basis so that all Registrants and Participants engage on equal terms.
Full details of the fees for Registrants and Participants are shown in the Fee Structure document which is available at: https://www.gcc.re/.
No. Market Players require a robust Energy Attribute Certificate (EAC) system that adheres to international best practices to enable them to make trustworthy energy claims. These instruments are provided by Market Facilitators, who are in return dependent on the use of these instruments to continue their facilitation of the market. The International REC Standard Foundation provides a level playing field for all Market Players and guarantees a fair and competitive market. This means that all Participants and Registrants pay the same fees for the same services.
Further information on the fees is available at https://www.gcc.re/.
No. You can engage with a specialist origination company that is an existing Participant if you wish. Alternatively, you can become a Participant and buy direct from the market.
Cross Border Trading
Registrants act on the producer side, and can be the generator or an agent of the generator. A Registrant does not have to be the device owner. However, Registrants must have the exclusive right to trade the renewable energy attribute. Registrants are the only parties that can register a production device with the local Issuer and request the issuance of I-RECs.
You can find out more about the role of Registrants at: https://www.irecstandard.org/registrants/#/
Participants are market players and hold accounts on the Evident Registry. Participants can transfer I-RECs to other Participants and redeem them on behalf of consumers. They can also trade certificates from their primary account to the primary account of another market player.
You can find out more about the role of Participants at: https://www.irecstandard.org/participants/#/
Yes, an organisation can register as both a Registrant and Participant.
You need to submit the following information with your application:
- A completed, signed and dated copy of the I-REC Standard Terms and Conditions which are available at: https://www.gcc.re/.
*Please note that the Standard Terms and Conditions differ for Registrants and Participants and if your organization wishes to become both a Registrant and Participant we require completed, signed, and dated copies of both. - A completed, signed and dated copy of the I-REC Registry Application Form for Registrants and Participants available at https://www.gcc.re/.
- Copy of company accounts dated within the last 12 months (e.g., copies of the Profit and Loss Statement or Balance Sheet).
- For corporate bodies: proof of company registration number (e.g., a copy of the Certificate of Incorporation).
- For private individuals: a copy of the applicant’s passport.
No. The I-REC market operates on a non-discriminatory basis so that all Registrants and Participants engage on equal terms.
Full details of the fees for Registrants and Participants are shown in the Fee Structure document which is available at: https://www.gcc.re/.
No. Market Players require a robust Energy Attribute Certificate (EAC) system that adheres to international best practices to enable them to make trustworthy energy claims. These instruments are provided by Market Facilitators, who are in return dependent on the use of these instruments to continue their facilitation of the market. The International REC Standard Foundation provides a level playing field for all Market Players and guarantees a fair and competitive market. This means that all Participants and Registrants pay the same fees for the same services.
Further information on the fees is available at https://www.gcc.re/.
The RE100 & CDP
Registrants act on the producer side, and can be the generator or an agent of the generator. A Registrant does not have to be the device owner. However, Registrants must have the exclusive right to trade the renewable energy attribute. Registrants are the only parties that can register a production device with the local Issuer and request the issuance of I-RECs.
You can find out more about the role of Registrants at: https://www.irecstandard.org/registrants/#/
Participants are market players and hold accounts on the Evident Registry. Participants can transfer I-RECs to other Participants and redeem them on behalf of consumers. They can also trade certificates from their primary account to the primary account of another market player.
You can find out more about the role of Participants at: https://www.irecstandard.org/participants/#/
Yes, an organisation can register as both a Registrant and Participant.
You need to submit the following information with your application:
- A completed, signed and dated copy of the I-REC Standard Terms and Conditions which are available at: https://www.gcc.re/.
*Please note that the Standard Terms and Conditions differ for Registrants and Participants and if your organization wishes to become both a Registrant and Participant we require completed, signed, and dated copies of both. - A completed, signed and dated copy of the I-REC Registry Application Form for Registrants and Participants available at https://www.gcc.re/.
- Copy of company accounts dated within the last 12 months (e.g., copies of the Profit and Loss Statement or Balance Sheet).
- For corporate bodies: proof of company registration number (e.g., a copy of the Certificate of Incorporation).
- For private individuals: a copy of the applicant’s passport.
No. The I-REC market operates on a non-discriminatory basis so that all Registrants and Participants engage on equal terms.
Full details of the fees for Registrants and Participants are shown in the Fee Structure document which is available at: https://www.gcc.re/.
No. Market Players require a robust Energy Attribute Certificate (EAC) system that adheres to international best practices to enable them to make trustworthy energy claims. These instruments are provided by Market Facilitators, who are in return dependent on the use of these instruments to continue their facilitation of the market. The International REC Standard Foundation provides a level playing field for all Market Players and guarantees a fair and competitive market. This means that all Participants and Registrants pay the same fees for the same services.
Further information on the fees is available at https://www.gcc.re/.
No. You can engage with a specialist origination company that is an existing Participant if you wish. Alternatively, you can become a Participant and buy direct from the market.
RE Consultancy
Registrants act on the producer side, and can be the generator or an agent of the generator. A Registrant does not have to be the device owner. However, Registrants must have the exclusive right to trade the renewable energy attribute. Registrants are the only parties that can register a production device with the local Issuer and request the issuance of I-RECs.
You can find out more about the role of Registrants at: https://www.irecstandard.org/registrants/#/
Participants are market players and hold accounts on the Evident Registry. Participants can transfer I-RECs to other Participants and redeem them on behalf of consumers. They can also trade certificates from their primary account to the primary account of another market player.
You can find out more about the role of Participants at: https://www.irecstandard.org/participants/#/
Yes, an organisation can register as both a Registrant and Participant.
You need to submit the following information with your application:
- A completed, signed and dated copy of the I-REC Standard Terms and Conditions which are available at: https://www.gcc.re/.
*Please note that the Standard Terms and Conditions differ for Registrants and Participants and if your organization wishes to become both a Registrant and Participant we require completed, signed, and dated copies of both. - A completed, signed and dated copy of the I-REC Registry Application Form for Registrants and Participants available at https://www.gcc.re/.
- Copy of company accounts dated within the last 12 months (e.g., copies of the Profit and Loss Statement or Balance Sheet).
- For corporate bodies: proof of company registration number (e.g., a copy of the Certificate of Incorporation).
- For private individuals: a copy of the applicant’s passport.
No. The I-REC market operates on a non-discriminatory basis so that all Registrants and Participants engage on equal terms.
Full details of the fees for Registrants and Participants are shown in the Fee Structure document which is available at: https://www.gcc.re/.
No. Market Players require a robust Energy Attribute Certificate (EAC) system that adheres to international best practices to enable them to make trustworthy energy claims. These instruments are provided by Market Facilitators, who are in return dependent on the use of these instruments to continue their facilitation of the market. The International REC Standard Foundation provides a level playing field for all Market Players and guarantees a fair and competitive market. This means that all Participants and Registrants pay the same fees for the same services.
Further information on the fees is available at https://www.gcc.re/.
No. You can engage with a specialist origination company that is an existing Participant if you wish. Alternatively, you can become a Participant and buy direct from the market.
Others
No. Market Players require a robust Energy Attribute Certificate (EAC) system that adheres to international best practices to enable them to make trustworthy energy claims. These instruments are provided by Market Facilitators, who are in return dependent on the use of these instruments to continue their facilitation of the market. The International REC Standard Foundation provides a level playing field for all Market Players and guarantees a fair and competitive market. This means that all Participants and Registrants pay the same fees for the same services.
Further information on the fees is available at https://www.gcc.re/.
No. You can engage with a specialist origination company that is an existing Participant if you wish. Alternatively, you can become a Participant and buy direct from the market.
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