News

RECS International is pleased to have a new member on board: Energy Web Foundation (EWF).

We welcome newcomers and experts in renewable energy markets at the 10th edition of the REC Market Meeting.

In the last week of March, the RECS International Director, Adam White, spoke with Montel, an information provider for the European energy markets, on the matter of 24/7 matching of energy production and consumption.

The German economy and energy ministry is currently considering a change in legislation for the qualification for Guarantees of Origin (GOs) for renewable sites receiving premiums or feed-in tariffs (FiT) under the German renewable energy law (EEG).

As of the 1st of January 2021, an update to the French Energy Code introducing monthly disclosure periods is in force. The relevant piece of law (L’Article R314-66 du Code de l’Energie) is included below. RECS International’s unofficial translation of this law is also included.  

From our REC Market Meeting newsletter:

The Florence School of Regulation, a centre of excellence working to improve the quality of European regulation and policy, has published the report “Upgrading Guarantees of Origin to Promote the Achievement of the EU Renewable Energy Target at Least Cost”.

Some end-users, particularly those with flexible demand and access to storage, are seeking to develop ways to show that they consumed renewable electricity at the same time as such electricity was being generated. RECS International provides its view in a new policy paper.

RECS International publishes a document which introduces different ways of buying renewable electricity.

The RECS International EECS GO Trade Agreement For Single or Multiple Deliveries is an update of the standard trade contract it replaces.

RECS International is pleased to welcome a new member from France: QuiEstVert.

The French Energy Ombudsman has proposed a new law on the comparison of different energy offers by consumers, with the objective of bringing more transparency to electricity offers containing a share of renewable energy.

The UK’s energy regulator, OFGEM, has made the following statement about GOs and Brexit:

With the new European Commission’s introduction of the European Green Deal, and the increase in the ambition of the 2030 and 2050 CO2 targets for the EU, a review of the underlying legislation is underway to examine whether it needs to be strengthened.

2020 has been as challenging a year as many of us can remember. The economic turmoil unleashed by the COVID 19 public health crisis is a clear threat to our ...

In October 2020, a Consortium constituted of HINICIO, Association of Issuing Bodies (AIB), Commissariat à l'énergie atomique et aux énergies alternatives (CEA), Grexel, Ludwig-Bölkow-Systemtechnik (LBST) and TÜV SÜD was appointed by the Fuel Cell and Hydrogen Joint Undertaking (FCH 2 JU) to lead CertifHy phase III, which will run over 3 years.

One of the first acts of the current European Commission was to adopt the European Green Deal. The European Council recently decided to increase the bloc’s 2030 emissions reduction target. ...

RECS International is engaged in the EnergyTag initiative, which seeks to support the development of more granular time information on energy attribute certificates, for example through time stamping.

On the 26th of November RECS International and the Association of Issuing Bodies (AIB) jointly organized the annual Open Markets Committee (OMC). The recording of the OMC is available via this link. ...

On the 26th of November 2020 the Open Markets Committee was held via a live webinar. The recording of this webinar is available via this link.

RECS International is pleased to announce a new member: Unicorn.

On Tuesday the 27th of October RECS International organized the webinar “An in-depth exploration of the French renewables market”. The recording is now available via this link. The presentation can ...

The Association of Issuing Bodies (AIB) published EECS-GO statistics for Q3 of 2020. These stats can be viewed here.

In December RECS International will be speaking at 2020 RE-Source conference. This annual European platform for corporate renewable energy sourcing will take place online from 7 to 11 December 2020. ...

On the 6th of October RECS International held a Member Engagement webinar for its members only.

At the upcoming OMC (see link below) the topic of market improvements will come to the table. RECS International members are requested to provide input about market improvements they deem most important.

RECS International is pleased to welcome a new member: ClimatePartner.

Following a thorough review process, the European Federation of Energy Traders (EFET) has successfully updated the EFET standard renewable energy Certificates Master Agreement. Based on the tried and tested approach and wording of the EECS MA released back in 2013, the language of the agreement has been expanded to cover various types of certificates, following the approach taken by the EFET standard PPA contract.

At the upcoming OMC [link to event] the topic of market improvements will come to the table. RECS International members are requested to provide input about market improvements they deem most important.

RECS International is pleased to welcome a new member: GO2 Markets.

RECS International is pleased to welcome a new member: Altenex Energy Bv.

On the 22nd of September RECS International organized a REC Market Meeting 2020 Webinar: Current thinking on best practice for renewables markets. The webinar was well attended and by a broad range of industries.

The FaStGO project, in which RECS International is a partner, invites stakeholders to respond to a survey on the development and provision of statistical data on GO markets. Your responses will help ...

RECS International has worked with different international and Swiss stakeholders to try to secure a technical agreement between the EU and Switzerland on the mutual recognition of GOs between the two parties, as stipulated in RED II Art. 19.11.

In June of 2020 the AIB General Meeting appointed Liesbeth Switten as its new Secretary General, starting on the 1st August 2020. Liesbeth succeeds Phil Moody, who has been leading ...

From April to June 2020 RECS International held four webinars, based on the REC Market Meeting sessions which were due to be held in March of 2020. The recordings of these webinars are now available by following the link below.

The Association of Issuing Bodies (AIB), the umbrella organization of EECS-GO issuers and holders of the EECS Standard, are welcoming their newest member: REN, representing the Domain of Portugal.

The process of revising European standard CEN EN 16325 continues, with the focus on key issues such as certification of electricity produced and consumed by the same organisation, the potential for a field on GOs stating the GHG emissions related to a given MWh of energy, and rules for the transfer and cancellation of GOs by and on behalf of consumers. 

Dear members of RECS International, In this newsletter we would like to take stock and share with you how we, as an organization dedicated to serving our members, can meet your needs and support the development of effective renewable energy markets.

11th of June 13:00 – 17:30 CET FaStGO (Facilitating Standards for Guarantees of Origin) provides expert advice to the European Commission DG ENER, based on the terms of Reference N° ENER/C1/2019-517: “Technical support for RES policy development & implementation. Establishing technical requirements and facilitating the standardisation process for guarantees of origin on basis of Dir (EU) 2018/2001.”