I-REC Services
I-REC is a system for trading the environmental value of electricity generated by overseas renewable energy sources in the form of international environmental certificates called I-RECs. Under typical international initiatives, the I-REC-equivalent electricity consumption acquired can be reported as renewable electricity.
- Name
- International Renewable Energy Certification
- Management organization
- “The International REC Standard Foundation” (a non-profit organization)
- Head Office location
- Netherlands
- Applicable countries
- 37 countries (including 10 Asian countries) as of December 2020
Applicable countries : Vietnam, Vietnam, Indonesia, Singapore, Philippines, Malaysia, China, Taiwan, India and Sri Lanka
- Usage conditions
- Only available in the issuing country (not available in Japan), FIT power supply is available in some target countries
Image of I-REC transactions
Benefits
- By increasing the utilization rate of renewable energy, Kansai Energy Solutions (Vietnam) Co., Ltd. will be closer to achieving our own environmental targets.
- I-It is possible to minimize the troublesome labor required for REC procurement.
Available International Environmental Indicators (Example)