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.

A revised version of the 2018 European Residual Mix is now available on the website of the Association of Issuing Bodies (AIB). 

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. 

The RECS International Annual Report 2018 is now available at www.recs.org. 

The UK government has introduced legislation, in the form of a statutory instrument, to introduce a reverse charge accounting mechanism (‘domestic reverse charge’) for supplies of gas and electricity certificates in the UK. 

EFET has published a template agreement for Corporate PPAs for use in Europe. 

RECS International is very pleased to have a new member on board: Engie Global Markets.We highly appreciate the support from our members, contributing to our mission to create and sustain reliable demand-side markets for renewable energy.

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.

Qui Est Vert, agence de promotion de l’électricité verte, a publié un article sur les modifications réglementaires qui soutiendrait le système GO en France.  French green electricity promotion agency Qui Est Vert has produced an article on regulatory changes that would support the GO system in France.