Renewable Energy Certificates

(redirected from Tradable Renewable Certificates)

Renewable Energy Certificates

(RECs)
Also known as green tags, green energy certificates, or tradable renewable certificates, RECs, issued by the Green Power Partnership of the Environmental Protection Agency, represent the technology and environmental attributes of electricity generated from renewable sources. RECs are usually sold in 1-megawatt-hour (MWh) units.
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References in periodicals archive ?
The retailer's purchase is in the form of Renewable Energy Certificates (RECs), which are also called green certificates, green tags, or tradable renewable certificates. RECs represent the environmental attributes of the power produced from wind, solar, and other renewable energy projects, and are sold separately from commodity electricity.
Also referred to as "green tags" or "TRCs" (tradable renewable certificates), RECs segregate renewable energy into two products: 1) generic commodity energy, and 2) environmental attributes.