Dated November 13th the European Council has released their latest draft of the revision to the Renewable Energy Directive (REDII). RECS International has the urgent request to correct Article 19:8. 

The Association of Issuing Bodies (AIB) has released its data for Q3. The data shows production, transfer, export, import and expiry figures of Guarantees of Origin. The data is increasingly detailed, allowing for better evaluation of the renewable energy market at product level.

RECS International, in collaboration with their partners, members and other stakeholders, has been following the developments around ISO/DIS 14067. There is currently a public consultation for which the RECS International secretariat requests that stakeholders and members take immediate action.

The Corporate Green Sourcing Academy and the Association of Issuing Bodies are organizing an informative webinar: The value of Guarantees of Origin: empowering consumers in the energy transition.

In October 2017 CDP published a new report: “Putting a price on carbon, integrating climate risk into business planning”. The report provides an overview of internal (business) carbon pricing activities by an increasing number of businesses and nations. It elaborates on the impact on business decision making and the relation to climate change measures.

The Guarantee of Origin (GO) has proven to be a reliable tool for allocating (renewable) energy products. Thanks to the GO, electricity can be reliably allocated to individual users, giving the final consumer a choice in their electricity product. Increasingly stakeholders are looking to implement similar book-and-claim systems to other products distributed through a single network, such as hydrogen. HINICIO, ECN, GREXEL, LBST and TÜV SÜD are working together to bring a Europe-wide hydrogen GO scheme to the market. Following the initial phase the CertifHy project is now launching pilot projects across Europe.  

The draft version of the Renewable Energy Directive (REDII) has been in development since its initial release by the European Commission earlier this year. The document will need to be reviewed by the European Parliament as well as the European Council before a “trialogue” is started, a process to resolve disagreements between the European Council and the European Parliament. The European Commission is the mediator in this process.

In March 2018 RECS International will be organizing the 8th edition of the REC Market Meeting. RECS International welcomes abstracts from interested speakers.

On 25 September RECS International and Agder Energi organized a seminar on the UK renewable energy markets. On 26 September RECS International organized another seminar to discuss the progress of the Renewables Good Practice (ReGP). The ReGP is a guidance document to help stakeholders, producers and end-users of reliably procure renewable electricity.