Environmental Markets / Renewable Energy Certificates (RECs)
Renewable Energy Certificates (RECs)
Renewable Energy Certificates (RECs), often referred to as "Renewable Energy Credits" are generated from renewable energy sources in the U.S. RECs represent the environmental attributes of power that are generated from renewable energy projects and provided to the grid.
Renewable Energy Certificates (RECs), often referred to as "Renewable Energy Credits" are generated from renewable energy sources in the U.S.;
RECs represent the environmental attributes of power that are generated from renewable energy projects and provided to the grid;
One REC represents one-megawatt hour (MWh) of energy generated from a clean, renewable source such as wind, solar, hydro, or certain types of renewable biomass;
RECs generate little to no carbon as they produce clean energy;
For example, wind farms produce more than 20 million megawatts hours of electricity per year
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