9 May 2022
What is renewable energy certificate (REC)? I-REC registry in Vietnam
What is renewable energy certificate (REC)? I-REC registry in Vietnam

In this article, GreenYellow Vietnam will introduce you to the REC certificate and the differences between RECs and I-RECs.

What is a renewable energy certificate (REC)?

At the moment, there are many companies aiming for the image of a green retailer or green supplier, as a result, many business owners are very interested in knowing about the type of energy they consume and want to prove where the source of the energy they are using comes from. For that same reason, the Renewable Energy Certificate (REC) was born as a tool to prove that the energy or electricity produced comes from a renewable energy source.

Once having the REC certificate, businesses can boldly declare that they are using energy from renewable sources and therefore this is clean energy.

A REC unit is created when a renewable energy source generates one-megawatt hour (MWh) of electricity.

What is the difference between RECs (Renewable Energy Certificate) and I-RECs (International Renewable Energy Certificate)?

Because RECs were born and popularized first, we often hear the concept of RECs more than I-RECs.

But in fact, even though RECs and I-RECs are essentially equivalent in meaning, they are geographically different.

While RECs are applicable to renewable energy consumed in Europe and North America, I-RECs are applicable to renewable energy consumed in Asia, Africa, the Middle East and Latin American countries. Therefore, for businesses in Vietnam, obtaining a renewable energy certificate means obtaining I-RECs.

What types of energy do I-RECs apply to?

If your business has electricity produced from the below energy types, then you can get I-REC certifications.

  • Solar energy
  • Wind energy
  • Water power
  • Biomass energy
  • Biogas energy
  • Nuclear energy

Why should you obtain I-RECs for your business?

What is renewable energy certificate (REC)? I-REC registry in Vietnam What is renewable energy certificate (REC)? I-REC registry in Vietnam

Nếu như bạn quan tâm về các chứng chỉ môi trường thì có thể bạn cũng đã từng nghe qua về tín chỉ RECs hoặc I-RECs, vì đây là tín chỉ vô cùng phổ biến khi được công nhận tại hơn 50 quốc gia và có tốc độ phủ rộng rất nhanh (tăng trưởng gần như là gấp đôi mỗi năm) và quy trình chứng nhận tín chỉ I-RECs cũng vô cùng đơn giản.

Ngoài ra khi sở hữu tín chỉ RECs, bạn và doanh nghiệp không những chứng minh nguồn gốc của điện năng tiêu thụ, mà còn chứng minh sự giảm phát thải khí nhà kính, qua đó cho phép doanh nghiệp đạt được các mục tiêu bền vững và cải thiện các chỉ số của doanh nghiệp cho các chương trình báo cáo.

Những doanh nghiệp nào nên có chứng chỉ I-REC?

If your business belongs to the group of businesses that care about ESG (environment - society - governance), owning I-RECs is an extremely important part to measure factors related to sustainable development and the impact of the business on the community.

At GreenYellow Vietnam, we can help you obtain I-RECs in the most efficient way and in a speedy manner. In 2021, GreenYellow commercialized more than 240,000 I-RECs worldwide. Operating in 16 countries and with a presence in 12 countries on 4 continents, GreenYellow has become a major player in the energy transition in France and abroad in just 15 years and is a true partner for companies and local authorities, helping them to consume better and consume less.

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