A renewable energy certificate, or REC, is a market-based instrument representing property rights to environmental, social and other non-power attributes of renewable electricity generation. RECs are issued when one megawatt hour (MWh) of electricity is generated from a renewable energy source and delivered to the electricity grid.
Since the physical electricity we receive through the electricity grid says nothing about its source or how it was produced, RECs play an important role in accounting, tracking and assigning ownership of renewable electricity production and use. In a shared grid – whether the electricity comes from on-site or off-site sources – RECs are the tool that electricity consumers should use to verify claims of renewable electricity use.
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RECs are a way to track solar, wind and other green energies as they flow into the electricity grid. Since electricity produced from renewable energy sources cannot be distinguished from that produced by other sources, some form of tracking is necessary. Companies use energy certificates to offset carbon emissions.
Batteries used to store electricity generated from solar and other renewable sources are still quite costly, especially for homeowners and small businesses. Therefore, power generated from renewable energy, such as a home’s solar power system, is fed back into the electricity grid to be used by the utility for other customers, as it has nowhere else to go if there are no batteries on site. The renewable electricity provider, such as a homeowner with solar panels on the roof, can receive a payment for each REC. These certificates can be sold, but are often used as a credit towards later uses of power, for example, when the rooftop solar panels do not generate enough power for the home and the home needs to draw power from the power grid.
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Generation facilities that fulfill certain requirements to become I-REC holders can obtain renewable energy certificates corresponding to their production by registering in the database created by I-REC, and electricity generation or sales companies can have the right to sell these certificates separately from electricity.
YEK-G (Renewable Energy Source Warranty System)
YEK-G is designed by EPİAŞ to track all processes of electricity generated from the producer to the consumer by utilizing blockchain technology.
The characteristics of each 1 MWh of renewable energy supplied to the grid by licensed generation facilities, which are included in the system on a voluntary basis, are recorded and documented.
Through the YEK-G Certificate, which is the “identity card” of renewable energy, it is tracked, proven and disclosed that the energy used by end consumers is produced from renewable energy sources. Thus, the supply of electricity generated from renewable energy sources is guaranteed for consumers.
With YEK-G System;
Producers can increase the use of renewable energy sources in electricity production and consumption,
Consumers can obtain information about the source of the energy they purchase while contributing to environmental protection.
With the YEK-G System, every support you give to renewable energy generation is a valuable contribution to a sustainable future.
You can use I-RECs to reduce your production or consumption emissions by preparing the necessary information, documents and documents and purchasing them through service providers authorized by the international monitoring organization.
No, market players need a robust Energy Attribute Certification (EAC) system that adheres to international standards and best practices to ensure they produce reliable energy claims. These instruments are provided by market facilitators who are dependent on the use of the market to continue to facilitate these instruments in the market. The International REC Standard Foundation provides a level playing field for all and requires market players and a fair and competitive market. This means that all Participants and Registrants pay the same fees for the same services.
Daha yaygın olarak I-REC(E) olarak bilinen elektrik için I-REC gibiaAccredited monitoring systems of the International Monitoring Standard Foundation (I-TRACK Foundation), such as I-REC for electricity, more commonly known as I-REC(E), are recognized by numerous governments, electricity market stakeholders and grid operators. As a result, the Standard is directly or indirectly represented in national legislation in countries all over the world. Uluslararası İzleme Standardı Vakfı’nın (I-TRACK Vakfı) Akredite izleme sistemleri, çok sayıda hükümet, elektrik piyasası paydaşı ve şebeke operatörü tarafından tanınmaktadır. Sonuç olarak, Standart, dünyanın her yerindeki ülkelerde ulusal mevzuatta doğrudan veya dolaylı olarak temsil edilmektedir.