Clean Energy Certificates

November 12 2019 mexicos new clean energy certificates cels decree and why it matters.
Clean energy certificates. Clean energy certificates which apply to power provider and industrial consumers will. Renewable energy certificates recs also known as green tags renewable energy credits renewable electricity certificates or tradable renewable certificates trcs are tradable non tangible energy commodities in the united states that represent proof that 1 megawatt hour mwh of electricity was generated from an eligible renewable energy resource renewable electricity and was fed into the shared system of power lines which transport energy. When you purchase recs renewable energy is generated on your behalf. To help new york meet its.
What are renewable energy certificates recs. New yorks clean energy standard ces is the most comprehensive and ambitious clean energy goal in the states history. The mexican government intends to facilitate the planning of renewable energy projects over the next years. A renewable energy certificate or rec pronounced.
Utilities municipal electric systems and electric cooperatives authorized or required to supply energy or energy related services to retail customers. The ces is designed to fight climate change reduce harmful air pollution and ensure a diverse and reliable low carbon energy supply. Renewable energy certificates recs are a market based instrument that certifies the bearer owns one megawatt hour mwh of electricity generated from a renewable energy resource. Gerardo marquez energy manager mexico on october 28 2019 the energy secretariat published a decree to modify the criteria to recognize clean energy certificates certificados de energias limpias or cels.
Rek is a market based instrument that represents the property rights to the environmental social and other non power attributes of renewable electricity generation. Recs are issued when one megawatt hour mwh of electricity is generated and delivered to the electricity grid from a renewable energy resource. These environmental attributes called green certificates also known as green tags renewable energy certificates or tradable renewable certificates are then sold to companies and individuals who want to help increase the amount of clean power entering our nations electricity supply. The clean energy standard requires utilities and other load serving entities lses load serving entities lses these are often called utilities or electric companies but lses include any entity or organization.