276 listed
Search documents
REC23030_annual report 2022-FINAL
This is the RECS 2022 Annual Report.
Review of EU rules on Green Hydrogen_FINAL [PROTECTED]
After much debate and a lengthy wait, the European Commission has finally adopted two delegated acts for renewable fuels of non-biological origin (RFNBOs). These acts provide rules for ‘green’ or ‘renewable’ hydrogen and its derivatives and are hugely influential in shaping the trajectory of the nascent global green hydrogen sector. In essence, these regulations provide a further greenlight to the use of Energy Attribute Certificates (EACs) (such as GOs and RECs) as robust mechanisms to support credible renewable energy claims. However, RECS still has two outstanding concerns that may complicate implementation of the RFNBO rules: 1. potential double counting of energy attributes when RFNBOs are produced in grids with at least 90% renewable electricity generation; and 2. ambiguity created by the lack of definition of Power Purchase Agreements (PPAs) throughout the RNBO acts.
RECS consultation response to RFNBO DA
On 20 May 2022 the European Commission published the draft Delegated Act on RFNBOs. RECS has reviewed the DA and provided a response.
RECS Consultation response – FiT CfD GOs
RECS maintains a REGO market stakeholder group, which has supported the development of this response to BEIS’ consultation on the removal of scheme cost exemptions for green imported electricity and the recognition of EU Guarantees of Origin. This response builds upon evidence RECS already providedto BEIS officials.
Full Consumption Disclosure in the Netherlands
This report briefly introduces the topic of full disclosure. It shows how the Netherlands has implemented its full disclosure policy, and evaluate how successful the implementation has been, based upon market statistics and the experience of (the Dutch Issuing Body) CertiQ.
How the RED-3 can boost EU renewable energy markets – The power of full consumption disclosure
The European Commission's proposals for amending the Renewable Energy Directive to make it ‘Fit for 55’ include important changes related to Guarantees of Origin. While RECS International supports the retention of these new provisions, it is also calling on European legislators to include a further provision, which would significantly boost renewable energy markets by implementing full consumption disclosure in all European single market countries.
GOs in the Fit for 55 package – Briefing for legislators
“Guarantees of origin in the Fit for 55 package, accelerating the energy transition by growing consumer demand for renewable energy”. Following the European Commission’s proposal for an updated Renewable Energy Directive (RED-3), the briefing advocates several amendments to the current Directive (RED2).
The supply and demand of certified European renewable electricity
This paper shows how renewable energy markets can support the energy transition through consumer demand for renewable electricity.
RECS EECS GO Standard Contract V2.2
This latest version of the EECS GO Standard contract was updated in July 2021. For details on updated points, go to the relevant news item.
An introduction to different ways of buying renewable electricity
This document provides a basic understanding of different ways to buy electricity from a renewable source.
What full disclosure means, and why it is so important
The term ‘full disclosure’ can mean different things to different stakeholders. This information document will set out the basic principle of full disclosure, the different possible types of full disclosure, and RECS International’s view on full disclosure best practice.
How time-stamping works in EAC markets
This paper introduces the important concepts of disclosure, and reporting, and clarifies the difference between them. It also explores the difference between frequency and granularity, and the benefits of increasing either in EAC markets.
EAC World Map 2020
This map shows the list of reliable EAC systems worldwide.
Maximising reliability and impact guidance
This paper addresses key questions regarding the procurement of renewable energy. Its guidance should provide the market with clarity on how to maximise the reliability and impact of procuring renewables. It contains recommendations made by RECS International that have been reviewed and endorsed by leading renewable energy market participants.
EFET – EECS Master Agreement
The EFET contract for the use of EECS Certificates.
Annual Report 2016
Information about RECS International, its activities, market results, financial report and listing Board, Advisory Group and members
Does the EU renewables sector need a guarantees of origin market?
This meeting is taking place in Brussels on 27 September 2017. Registration is required.
Development of the Guarantees of Origin Market 2016 Key Facts Report
Overview of the Guarantee of Origin market. RECS International members may request data sheets of this report at the secretariat: secretariat@recs.org
MiFID II Webinar Slides
On the 29th of June 2017 RECS International in conjunction with DLA Piper held a webinar on the developments of MiFID II and the implications for GO trade. The presentation by Andreas Gunst is available to members of RECS International only and can be viewed below. Please get in touch with the secretariat with any questions you may have at secretariat@recs.org or directly with DLA Piper at Andreas.Gunst@dlapiper.com
Meeting details “Groen Inkopen” Dutch-language Seminar, 11 April 2017
This document contains meeting details of the seminar. This seminar is spoken in Dutch.
Agenda “Groen Inkopen” Dutch-language Seminar, 11 April 2017
This document contains information on the content of the seminar as well as a detailed agenda. This seminar is spoken in Dutch.
RECS Magazine – The rise of the corporate consumer
Welcome to the fourth edition of the RECS Magazine. In this edition you can read:- Why it's time to acknowledge rising consumer demand for renewable energy- Corporate America's huge appetite for clean energy- Interview with Ed Holt, Green Power Pioneer- RECs Market Meeting news- RECS news- Column by Renewable ChoiceWe hope you enjoy this magazine.
Towards the 1st EU-wide Guarantee of Origin for Renewably-procured Hydrogen
The CertifHy Project has finalized its work on ‘Developing the 1st EU-wide Guarantee of Origin for Premium Hydrogen’ and presented the results and next steps during the event: “Implementing the 1st EU-wide Guarantees of Origin Scheme for Premium Hydrogen” on October 19th, in Brussels. In this article Vanessa Wabitsch from Hinicio elaborates on the future of premium hydrogen GO's.For more information please go to www.certifhy.eu
WBCSD Corporate Renewable PPAs Scaling up globally
Using PPAs to procure renewable energy is becoming more and more standard practice. The World Business Council for Sustainable Development has now released a new report that guides companies through the process of procuring renewable power via Power Purchase Agreements (PPAs).
AIB Press Release – First operations from CNMC Spain 10 Oct 2016
After the joint efforts of the AIB Hub Superuser and the staff of CNMC, it is now time to open the Spanish domain for imports and exports and welcome CNMC to the practical side of the AIB.
European associations call for the strengthening of disclosure of the source of all electricity and related environmental impact in the forthcoming Renewables Directive
In the light of the upcoming revision of the Renewable Energy Directive (RED II), seven leading European associations are calling for a change in the way electricity products are differentiated and consumer choice in the electricity market is supported at EU level.
Annual Report 2015
Information about RECS International, its activities, market results, financial report and listing Board, Advisory Group and members
Press release: Norway is placing the consumer-driven market for renewable electricity under threat
In recent days the Norwegian Minister of Petroleum and Energy has questioned the role of a consumer-driven electricity market in Norway based on the EU system of Guarantees of Origin. Seen in light of official signals in a review of energy policies to be discussed in the Norwegian Parliament in June, this raises concerns.The Norwegian authorities are investigating abandoning the consumer-driven system for renewables in favour of a production-based system. RECS International calls on all stakeholders in Norway to protect consumer choice and begin a dialogue over these issues, which affect consumers in Norway and around the EU.
RE100 technical briefing: Making credible renewable electricity usage claims
'Making credible renewable electricity usage claims' is a technical deep-dive into corporate transparency and credibility, and shows companies how to accurately describe their use of renewable electricity.It is authored by members of the RE100 Technical Advisory Group, which provides RE100 companies with best practice guidance on the use of renewable power, to help them progress their journeys to being 100% powered by renewable electricity.This briefing has been one year in the making, in consultation with RE100 companies and industry stakeholders. It is described as a “must read” for business. Link to the original document: http://there100.org/reports-briefings
RECS International response to REDII Consultation
RECS International response to the Renewable Energy Directive II consultation for the period after 2020.
GM 16/01 Agenda General meeting, Amsterdam
This is the agenda for the General Meeting which is going to take place at the NH Grand hotel Krasnapolsky Amsterdam on Monday 7 March 2016
Developments of GO Market
Key Facts Report: Development of Guarantees of Origin Market 2009-2014)
Annual Report 2014
The 2014 annual report consists information about RECS International, its activities, market results, financial statement and its members
RECS Magazine – Encouraging demand-side action to influence production-side change
RECS International invites you to read the third edition of the RECS Magazine. This includes articles such as:· 'There's change in the air' column by Peter Niermeijer· Cover story: Encouraging demand-side action to influence production-side change· Interview with Pedro Faria, CDP· News items· RECS Market Meeting updates· A trader's column with Hans-Petter Kildal, Bergen Energi Green Services A.S.
Presentation of GHGP and WRI at EU GHGP Workshops
Presentation by Mary Sotos (GHGP/WRI) at the GHG-Protocol Workshops in London and Brussels on 21-22 January, 2015.
Press Release: 10 EU energy and electricity associations call for anti-VAT-fraud measures
Ten European gas & electricity associations call for a comprehensiveimplementation of the EU anti-VAT-fraud package by all 28 Member States
European Energy Certificate System Guarantee of Origin Standard Agreement version 1.3 Acrobat 7 version
Available for public use. The RECS International EECS-GO/RECS Standard Agreement v1.3. Acrobat 7: This version is best with Acrobat 9 or later. With other software there could be 'fill' problems.
Taipei, Taiwan International Conference on Corporate GHG Accounting and Green Elec Purchasing
An event in Taipei is being organized to discuss green power purchases in Taiwan and Asia more generally. Program attached.
Supplier Guidelines_RECS International
RE-DISS requested input from RECS International regarding their mandate to create Supplier Disclosure Guidelines.
RE-DISS II Agenda disclosure workshop Split
This is the agenda of the RE-DISS II disclosure workshop taking place at the Radisson blu hotel, Split, Croatia on Thursday 25 September 2014
RE-DISS II 2014-disclosure consultation background
This documents is provided by the RE-DISS working group to be discussed at the Workshop RE-DISS on 25 September 2014 in Split, Croatia
RE-DISS II responses to disclosure consultation
This documents is provided by the RE-DISS working group to be discussed at the Workshop RE-DISS on 25 September 2014 in Split, Croatia
RE-DISS II draft disclosure guidelines Suppliers
This documents is provided by the RE-DISS working group to be discussed at the Workshop RE-DISS on 25 September 2014 in Split, Croatia
RECS International 2013 Annual Report
We welcome you to read the RECS International Annual Report 2013.
Annual Report 2013
Information about RECS International, its activities, market results, financial report and listing members.
Press Release_The European Court of Justice has ruled against Aland Vindkraft.
The ruling in favour of the Swedish Energy Agency (Energimyndigheten) in the case of Åland Vindkraft AB v. Energimyndigheten was not in line with the earlier opinion of the Advocate General. This outcome allows protectionist national electricity support schemes to continue, thus encouraging producers to go for the highest subsidies instead of the most cost-efficient generation. RECS International is concerned that the cost-efficient generation of renewable energy will be slowed down, making it harder for the much-needed energy transition to take place across Europe. By restricting international competition, this ruling will also keep the cost of support for European renewables high and reduce the competitiveness of European industries. RECS International believes that consumers will ultimately pay the price for this decision in the form of higher taxes, tariffs and fees, when the alternative was to promote cheap renewable power that is generated where it is most efficient to do so.To download the entire text of the press release click on the link below.
Report: Renewables Incentives – Approaching Maturity 4th ed. Clifford Chance
The last few years have seen a turbulent time for the renewable energy sector. 2013 figures show that global investment in renewables fell significantly in both 2012 and 2013. Continuing global economic problems and uncertainty over renewable policy frameworks in key countries take a significant share of the blame. In particular, retroactive reductions in incentives in a number of European countries (in the solar sector) have caused investors to be extremely cautious about the stability of financial support mechanisms.....
Charge of VAT on GO trades
The following table is the result of a short survey of AIB members and observers, regarding whether or not VAT is charged on GO trades - in general this seems to be the case, although it is by no means clear in all countries, and the legal basis for making such charges is sometimes unclear. Source: AIB Newsletter 20, May 2014
Agenda workshop “Market based support for RES”
This workshop is going to take place at Simonsen Vogt Wiig AS in Oslo, Norway on Thursday 19 June 2014.
Annual Report 2012
Information about RECS International, its activities, market results, financial report and listing members and members working groups.
Analysis – New Rules on the State Aid in the Energy Sector
"New Rules on the State Aid in the Energy Sector" an analysis by Andreas Gunst with DLA Piper
RE-DISS Residual Mix 2013 Report
Annual residual mix report by RE-DISS
Draft Retail Market Consultation Response
RECS International draft response to the Retail Market Consultation questionnaire.
Greenhouse Gas Protocol Scope 2 Guidance Draft
Draft Greenhouse gas protocol Scope 2 guidance document open for public review until April 21st, 2014
RECS Response – Consultation on Community Guidelines on State Aid for Environmental Protection
RECS response to the consultation for the Draft Guidelines on environmental and energy State aid for 2014-2020. Consultation documents were released by DG competition on 18.12.2014.
DLA Piper_Release_ECJ Case on Cross-border Participation in Renewable Energy Support Schemes – Free and Last?
On 28 January 2014, the European Court of Justice's Advocate General (AG) Yves Bot delivered a strong opinion in favour of cross-border participation in support schemes for renewable energy generation. If followed by the Court, it would result in a fundamental paradigm shift in European renewable energy support, with great opportunities but also challenges. In this note, we explain the facts, the issues, the ruling and the implications for renewable energy trade and support in Europe.
RECS response CEER consultation green electricity
Final response to CEER consultation on "green" electricity
Power Daily_Monthly balancing needed for GO Market
The market for Guarantees of Origin (GO) needs monthlybalancing to inject some volatility into prices, Swiss green energywholesaler Nvalue managing director Alessandro Faccoli toldPlatts Tuesday. Read more on page 3
Agenda Legal Taskforce workshop, London
Agenda 1st Legal Taskforce workshop taking place in London, UK on 6 of March 2014
Power Daily_EU Guarantees of Origin near 250 TWh
The market for Guarantees of Origin in Europe amounted to 249TWh of cancellations in 2013, GO organization RECS Internationaltold Platts Thursday. Read more on page 2.
CEN_Guarantees of Origin and Energy Certificates
Voting results per country from the CEN Technical Committee for the approval of the draft technical report.
Brochure RECS Market Meeting 2014
The RECS Market Meeting 2014 brochure is now available. The event will take place at the Intercontinental Hotel in Dusseldorf, Germany on 18 and 19 March 2014.
RECS International response to RE-DISS Seminar
Recommendations for the RECS International community following the seminar on residual mix calculations by RE-DISS.
Western Energy GO Seminar Results
Western Energy held a GO Seminar in Wroclaw, Poland on November 14th, 2013. The results of this seminar are seen in the attached document.
Position paper: The future of EU support systems
RECS International has recently produced a position paper outlining how Europe-wide regulation and increased cost-efficiency can be introduced to European renewable support schemes
RECS Magazine – There’s no such thing as ‘green electricity’
This is the introduction to the cover story, just one of the many articles in the second edition RECS Magazine: - Cover story: There's no such thing as 'green electricity'- Interview with Ursula Stocker of Naturemade- RECS Market Meeting news- News items- Broker's column, Salvatore Lima
First European renewable electricity consumed in Turkey
A RECS International Member, Demiroren Axpo, and Groupama Turkey announced the first European procuded, renewable electricity consumed in Turkey
Invitation to Brussels seminar from EKOenergy_CDP
Invitation from EKOenergy to a seminar with CDP and Pedro Faria as speaker
Powernext becomes AIB Member_Press Release
Press release from Powernext released on July 15, 2013 "Powernext becomes AIB member".
Consultation on Green Paper 2030
The document is a consultation provided by RECS International to the "Green Paper - A 2030 framework for climate and energy policies". For more information regarding the Green Paper 2030 follow the link here. http://ec.europa.eu/energy/green_paper_2030_en.htm
Platts_Power in Europe June 24, 2013
The document is Platts - McGraw Hill Financial's Power In Europe from June 24, 2013. Starting on Page 4 of the document begins an article, "ECJ opinion challenges green subsidies" which includes an interview with the RECS International Secretariat
Presentation: Carbon accounting
The presentation "Carbon accounting" was held by Mr. Jared Braslawsky of RECS International.
Presentation: GO system in Iceland
The presentation "GO system in Iceland" was held by Helga Bardadottir of the Ministry of Industries and Innovation
Presentation: Renewable energy in Iceland
The presentation "Renewable energy in Iceland" was held by Mrs. Au�ur Nanna Baldvinsd�ttir of the National Energy Authority
Presentation: Introduction RECS GO’s
The presentation "Introduction RECS GO's was held by Mr. Jared Braslawsky of RECS International
Presentation: Icelandic GoOs
The presentation "Icelandic GoOs" was held by Nicholas O'Keeffe of Landsvirkjun
Presentation: Disclosure and the use of GO
The presentation "Disclosure and the use of GO" was held by Peter Niermeijer of RECS International
Programme Expert meeting Reykjavik, Iceland
The Expert meeting of 5 June 2013 will take place at the Hilton hotel, Reykjavik, Iceland
A Comparison of support schemes and quota systems, Sweden-Italy-UK
What can influence the success of a quota system. A comparison of the support systems in Italy, France and the UK.
Open letter to Oettinger regarding support schemes and cost-effective market-based systems
Open letter to Guenther Oettinger of the European Commission regarding support systems and the implementation of cost-effective market-based systems.
Summary of the RE-DISS II Project Proposal
"Summary of the RE-DISS II Project Proposal", created by the RE-DISS project and submitted May 2012 under the 2012 IEE Call.
18-2-2013 Foundation Renewable Energy Transition Press Release
The Foundation Renewable Energy Transition (FRET) has recently published a press release titled, "Preliminary Reference made to the ECJ on EU Law Compatibility of National Support Scheme for Renewable Energy". This press release is available for download.
Carbon Disclosure Project_Accounting of Scope 2 Emissions
Carbon Disclosure Project report, "Accounting of Scope 2 emissions Technical notes for companies reporting on climate change on behalf of investors & supply chain members 2013"
Letter to ECJ from Swedish Courts – Swedish
The official Swedish letter to the ECJ regarding the court case between Alands Vindkraft AB and the Swedish Energy Agency (Energimyndigheten)
Letter to ECJ from Swedish Courts – English
Translation of the official Swedish letter to the ECJ regarding the court case between Alands Vindkraft AB and the Swedish Energy Agency (Energimyndigheten)
Report: European Commission_2012 JRC Wind status report
The European Commission has released a report describing the status of wind energy production throughout the European member states. There is a discussion of Feed-in Tariffs on page 59.
Report: International renewable energy agency_Production costs
The International Renewable Energy Agency has released a report on the global and regional costs for the implementation of various renewable production sources.
RECS Magazine – Purchasing Low-carbon Electricity
This is the introduction to the cover story, just one of the many articles in the first edition RECS Magazine: � Interview with Markus Schmid of WISE � RECS Market meeting news � News items � Broker's column, Max van Meer
Invitation to Brussels seminar about consumer choice
EKOenergy official invitation to the European Parliamentary hearing regarding the choice for green electricity and the power of the consumer.
Christmas card 2012
Christmas greetings 2012 from RECS International
The future of GO trading in Italy
Slides presented by GSE representative on 6, December 2012 regarding the future of GO trading in Italy
Letter to concerted action working group 10_July 2 2012
RECS International requested a number of changes to the deadline/lifetime and use of the Guarantee of Origin in order to prevent the possibility of double counting.
Outlook on handling of GO in Germany
Presentation by Dominik Seebach at the AIB General Meeting in Milan on 6-7 December 2012.
CEER consultation paper (2012)
In response to an open consultation for the Council of European Energy Regulators (CEER). The consultation paper describes some positions or RECS International regarding the target compliance market for renewables and the manner in which support schemes are created.
Developing EU renewable energy sources
RECS International's report from Copenhagen Economics titled, "Developing EU Renewable Energy Sources" from April 2010. This paper dicusses the feasability of energy tracking systems to reduce costs in order to meet the European 20-20-20 targets
The successes of the Voluntary Market creates new power
The first RECS International Cover Story is available here for download.
Potential areas of difficulty under EU Law (Beyond 2020)_PowerPoint
Potential areas of conflict of a harmonised RES support scheme with European Union Law: the beyond2020 project.
Potential areas of conflict with EU law (beyond2020)_Report
Potential areas of conflict of a harmonised RES support scheme with European Union Law: the beyond2020 project.The report
Annual Report 2011
Information about RECS International, its activities, market results, financial report and listing members and members working groups.
RE-DISS Best Practice
Proposal RECS International for RE-DISS Best Practice, with a focus on disclosure rules, vintage year of GO's and closing dates disclosure.
ACT Brochure
Brochure published by RECS International about renewable electricity products, sustainability and additionality of these products.
[Official French document] French government appoints issuing body
The French ministry of ecology, sustainable development and energy has released a decree announcing the appointment of Powernext as the next issuing body in France.
RE-DISS II public consultation questionnaire
The Excel questionnaire should be filled out by stakeholders that would like to provide a response. Responses are due on May 7th, 2014.
Directorate-General for competition, state-aid consultation [2012]
REC International participated in a consultation by DG Competition requesting stakeholders input regarding state-aid. For more information go to the DG Competition webpage or download our response.
Directorate-General for Energy Consultation regarding the medium term policy plans [2012]
The Directorate-General for Energy released an open consultation asking interested parties to describe their policy goals and ideas for the medium-term (i.e. before 2030).
Presentation Steven vanHolme
Renewable Electricity Standard for Europe by Steven vanHolme, Helsinki
Annual Report 2005
Information about RECS International, its activities, market results, financial report and listing members and members working groups.
Annual Report 2010
Information about RECS International, its activities, market results, financial report and listing members and members working groups.
Annual Report 2009
Information about RECS International, its activities, market results, financial report and listing members and members working groups.
Annual Report 2007
Information about RECS International, its activities, market results, financial report and listing members and members working groups.