Renewable Energy Certificates (REC) Market

The Renewable Energy Certificates (REC) market consists of tradable assets that each certify the generation of one megawatt-hour of electricity from a renewable source. The primary customers are corporations and other organizations seeking to meet compliance requirements or voluntary climate goals through a credible mechanism for demonstrating renewable energy usage. Key growth drivers include the increasing integration of RECs into corporate sustainability reporting frameworks and the digitalization of trading platforms, which enhances transparency and efficiency.