AIB publishes 2019Q4 EECS GO statistics

The AIB has published the activity statistics and ex-domain cancellation statistics for 2019Q4. The statistics are now available here. Please contact the Association of Issuing Bodies for any questions.

REC Market Meeting 2020 Cancelled

Following discussions with the organisers of venues, speakers and sponsors, the board of RECS International has decided to cancel the REC Market Meeting, which was due to be held between 30 March and 1 April 2020.

REC Market Meeting – Normal rate deadline on 9 March 2020

On 31 March and 1 April, 2020 RECS International is organizing the 10th edition of the REC Market Meeting, the international conference focusing on the demand side of renewable energy markets. As demand-side markets for renewable energy are rapidly expanding around the globe, the conference takes a focus on both European and international markets.

Updated program REC Market Meeting now available

In 2020 we are celebrating the REC Market Meeting’s 10th anniversary. The conference started in 2010 as a small event for discussing Guarantees of Origin (GOs) in Europe. It has since grown into one of the largest and most respected conferences for experts in renewable energy consumption markets. The 10th edition of the REC Market Meeting will focus on ‘The maturing renewables market’.

The Netherlands introduces full disclosure

As of the 1st of January 2020, the Netherlands has introduced a full disclosure system for guarantees of origin. Twelve months prior to the implementation it was already possible to voluntarily disclose information on non-renewable energy supply, but this is now compulsory for all suppliers within the Netherlands. 

AIB publishes IB fees per domain

For market parties who want to make use of the member registries of Issuing Bodies (IBs), the fee structure for 2020 is now available on the website of the Association of Issuing Bodies (AIB) here.

REC Market Meeting 2020: special track for newcomers to RES markets

The 10th edition of the REC Market Meeting, on March 31st and April 1st, will have a broad range of sessions on offer on renewable energy demand-side markets. In addition to a wide range of topics of interest to experts in these markets, the 2020 conference will include introductory sessions for those new to the industry. As these markets gain momentum, organizations are growing their teams with people who will need a strong understanding of the basic components behind renewable energy consumption. To this end, the REC Market Meeting is offering a dedicated “C-stream” of sessions this year, to provide fundamental insights into energy-attribute tracking systems and markets. 

Non-RES GOs inadvertently issued by Italian IB

In November 2019 the Association of Issuing Bodies (AIB) became aware that Guarantees of Origin (GOs) from three Italian gas-fired production devices have been wrongly labelled as being produced using energy solely from renewable sources. As these Italian GOs were issued in full conformity with Italian legislation this problem was not detected earlier. Since 2017, only one of these production devices has remained eligible to receive GOs.

REC Market Meeting open for registration

In 2020 the REC Market Meeting celebrates its 10th anniversary. What started out as a small meeting in 2010 to provide a platform for discussing Guarantees of Origin (GOs) in Europe has grown to become one of the largest and best respected conferences for experts in the development of energy attribute certificates and demand-side choice for energy consumers around the world. The conference provides advanced technical knowledge, guidance on national and international legislative developments and the latest market insights.

IMPORTANT: Final call for input on EECS Standard Agreement

Following a meeting by the RECS International Working Group on Legal Matters on 10 October, members of RECS International are encouraged to provide comments on the current EFET Standard Agreement by the 31st of October in order for comments to be prepared and presented to the EFET Legal committee in December.

lock Discount for RECS members to RE-Source event

As in previous years, RECS International is collaborating with the the RE-Source platform for the event taking place in Amsterdam on 2 and 3 October 2019. The RE-Source event gathers leading experts to discuss the latest trends in PPAs and the corporate sourcing of renewable energy.

Mutual Recognition of GOs between the EU and third countries

In recent months RECS International has worked to establish a dialogue between the European Commission, the Swiss Government, RECS International and the AIB with the aim of ensuring a clear and effective process for the mutual recognition of GOs between EU Member States and third countries.

lock Request for input members: barriers to trade document AIB

Nationally imposed conditions for trade, expiry and cancellation of guarantees of origin can differ between member countries of the Association of Issuing Bodies (AIB). To provide transparency on these conditions, the AIB has created a document which provides an overview of the different rules and regulations of the AIB members.

lock OMC and RECS General Meeting, 28-29 November Luxembourg

As in previous years, on 28 November 2019 the Association of Issuing Bodies (AIB) and RECS International are jointly organizing the Open Markets Committee (OMC). On 29 November 2019 RECS International will be organizing the RECS General Meeting (GM). Both meetings will be held in Luxembourg.

RECS International publishes opinion paper on blockchain

In recent years blockchain technologies have endeavoured to establish a role in the tracking of energy attributes, either alongside or in competition with established systems. Whether blockchains enhance or negatively impact existing tracking system remains to be seen. RECS International has created a position paper which analyses the capability for blockchains to enhance attribute tracking and drive it to new heights, or whether their promise will fade as market players continue to rely on the proven success of established systems.

lock Review redraft of EFET EECS Master Agreememt

EFET is redrafting the EFET EECS Master Agreement (MA). RECS International has been requested to review the draft. A comment provided by RECS International is to open the contract up to different certificate types/standards such as I-RECs, ROCs, Elcerts, as opposed to maintinaing an EECS only MA.

lock Legal Working Group

Following the emergence of legal issues surrounding the potential for VAT fraud linked to the trade in GOs and the possible categorisation of GOs as financial instruments, the RECS International board has decided to reconvene the Legal Working Group as a matter of urgency.

lock Fact sheet on German Regional certificates

Earlier this year Germany introduced a national certificate scheme for trading renewable energy attributes. RECS International has created a paper to provide an analysis of the German GO market, including a description of this new regional concept and of RECS International’s view on this change. 

Save the date: REC Market Meeting 31.03 – 01.04 2020

With success of the 9th edition of the REC Market Meeting still fresh in our minds we are already working towards the next edition behind the scenes. This upcoming REC Market Meeting will mark the tenth anniversary, with plenty to look back at and even more to focus on for the times ahead.