Recs International welcomes three new members: GGNE, Optiment and SCB Group.

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. 

RECS International is pleased to introduce a new member: Greenfact AS from Norway.

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.

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. 

Last year RECS International published several short papers on to inform members about specific topics and developments in GO markets, such as the Italian GO market (here), the French auction ...

The Renewable Energy Directive II states that European Member States and their competent bodies must comply with the CEN – EN 16325 standard to ensure an accurate, reliable and fraud-resistant GO market. 

In order to gain input from members on the specific challenges of compliance with EU legislation relating to Guarantees of Origin, RECS International is establishing the Compliance Working Group.

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.