Green Power Certificate
A mechanism that allows companies to purchase renewable energy credits matched on an annual aggregate basis in order to claim the use of green electricity. The timing and location of the credited generation do not correspond to actual electricity consumption.
Timeline (last 90 days)
Renewable energy certificates (RECs) allow companies to purchase renewable energy credits on an annual volumetric matching basis, but these do not correspond to the time and location of actual electricity consumption.
When the share of fossil fuels in the grid rises, a company's actual carbon footprint may increase even if it has purchased renewable energy certificates.
All Facts (2)
Renewable energy certificates (RECs) allow companies to purchase renewable energy credits on an annual volumetric matching basis, but these do not correspond to the time and location of actual electricity consumption.
50%UnverifiedWhen the share of fossil fuels in the grid rises, a company's actual carbon footprint may increase even if it has purchased renewable energy certificates.
50%