Working with the RECS International Legal Task Force the RECS International Secretariat has published the revised European Energy Certificate System – Guarantee of Origin Standard Agreement for Single Delivery. More than 35 active participants representing 25 different organizations helped the RECS International secretariat shape the standard agreement.
The Standard agreement is made so that individual users can fill-in the variable information about each individual trade while the legal text and formatting remains unchanged. This allows small market players or new market entrants the ability to easily negotiate a single delivery GO trade without focusing primarily on the contractual agreement behind the trade.
The RECS International EECS-GO standard agreement will be available for use by all market players, regardless of membership with RECS International.
The Standard agreement can be seen here.