Demystifying Renewable Energy Attribute Certificates

RECs/EACs are documents that prove electricity was produced from renewable sources like wind, solar, or hydro power. When companies buy RECs/EACs, they demonstrate their commitment to clean energy. These certificates guarantee that an equivalent amount of renewable electricity has been generated and fed into the grid, even if their energy provider does not supply it directly. 

This approach is an important part of a Net Zero transition, reducing your Scope 2 emissions in line with mandatory legislation and voluntary reporting standards.

In this webinar, you will:

• Gain a clear understanding of the fundamentals of purchasing and utilising RECs/EACs.
• Discover how RECs/EACs align with green tariffs and their role in sustainability strategies.
• Identify the most suitable options for your organisation, whether unbundled RECs/EACs or longer-term commitments like PPAs/VPPAs.
• Learn about reporting requirements for RECs/EACs.
• Explore emerging offerings such as 24/7 reporting, emissionality and additionality-focused RECs/EACs. 

Join Patrick Swords, Principal Carbon and Renewable Energy Advisor, for a deep dive to gain knowledge that supports your company’s renewable energy goals.

This means that indirect, Scope 3 emissions from the fossil fuel industry will also be addressed. With the potential to extend coverage to additional sectors through national opt-in policies, ETS-2 will regulate a broader share of EU emissions, driving the transition towards clean energy solutions and technologies.

This upstream system places the responsibility for CO₂ allowances on fuel suppliers, creating incentives to invest in cleaner fuels, electrification, and decarbonisation strategies. However, ETS-2 introduces unique challenges, including its implications for Scope 3 emissions, the likelihood of high CO₂ prices, cost pass-through to consumers, and higher marginal CO₂ abatement costs compared to ETS-1.