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.

The AIB has now published the activity statistics and ex-domain cancellation statistics for 2019Q3.

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.

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.

RECS International has recently held meetings for the Legal Matters Working Group and the Non-Fossil Gas Working Group.

The secretariat of RECS International is pleased to welcome a new member: Coral Future from Singapore.