Sustainability solutions → Energy Attribute Certificates → I-RECs

International Renewable Energy Certificates (I-RECs) 

Document renewable energy consumption outside of Europe and North America.

Buy I-RECs
I-REC featured image

How I-RECs work 

International Renewable Energy Certificates (I-RECs) allow companies to credibly track and report renewable energy use in a growing number of countries in Asia, Africa, and Latin America.

 

The I-REC system builds on best practices from the North American REC market and Europe’s Guarantees of Origin system. I-RECs account for 1 MWh of renewable electricity and state the origin – technology, place, and time – of that unit of energy, allowing buyers to track the source of clean power and its environmental benefits.

 

When a company buys certificates, they are cancelled in the I-REC Standard electronic registry. The Greenhouse Gas Protocol Scope 2 Guidance recognises I-RECs as valid tools to register electricity consumption from renewable sources.

Contact us if you want to sell your supply. 

Countries in green are approved I-REC countries
I-RECs 100kb

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I-RECs allow your company to

  • Document consumption of renewables and reliably claim GHG emissions reductions.

  • Trace the origin of electricity and choose between technologies, such as solar, wind, hydro, geothermal or bioenergy.

  • Source renewable electricity outside of Europe and North America.

  • Comply with corporate environmental standards, such as the Greenhouse Gas Protocol.

  • Follow national regulations on renewable energy and improve your sustainability rating.

  • Contribute towards the UN Sustainable Development Goals (SDGs).

 

Who regulates I-RECs?

The International Tracking Standard Foundation,  a not-for-profit organisation, governs all I-REC operations. It aims to empower electricity buyers to make renewable consumption choices globally. The I-REC Standard does not have a role in the buying and selling of renewable electricity but facilitates trade among consumers, electricity suppliers, electricity generators and national governments.

Why purchase I-RECs?

I-RECs are an effective way to integrate renewable energy into a global sustainability strategy and make your business more attractive to investors, consumers, and talented employees. Buying I-RECs demonstrates environmental leadership and adds momentum to the energy transition.

Currently, I-RECs are available in over 60 countries. Ecohz has developed a global portfolio of I-REC power plants to provide multinational companies with a wide selection covering most regions of the world. 

The price of I-RECs

Talk to an advisor

The I-REC market is still developing and in a state of flux. National regulations and internal political processes can affect the availability I-RECs, while weather patterns, policy changes, and geopolitical events can impact the price of the certificates.

Future developments are hard to predict. However, Ecohz’ sourcing team monitors the market constantly to provide our customers with up-to-date information and secure the most cost-effective solution.

I-RECs with additional social benefits

Read more about P-RECs

Peace Renewable Energy Certificates (P-RECs) are International Renewable Energy Certificates (I-RECs) with an impact label that guarantees additional social benefits. Energy Peace Partners (EPP) developed P-RECs to channel investments in renewable energy to climate-vulnerable areas affected by political instability and conflict risk. P-RECs allow companies to prove clean energy consumption, while creating a much wider positive social impact.

Renewable energy with Social impact

Buying I-RECs with Ecohz

Ecohz participated in the establishment of the I-REC system and is a member of the International Tracking Standard Foundation Board. Regardless of geographical location, our team can tailor an energy offer based on your needs and the requirements of the specific country you are in.

Our purchasing process follows these simple steps:

  1. Based on your location and volume of consumption, we discuss how we can help you reach your renewable energy ambitions.
  2. You receive an offer with a specific rate and expiry date. Upon acceptance, we secure the quoted price.
  3. Once the offer has been accepted, we deliver a standardised contract.
  4. We provide you with an invoice and documentation for reporting.

Contact us if you are interested in renewable electricity documented with I-RECs.

Ecolabels

Consume renewable energy meeting requirements of specific standards or ecolabels. Buy Energy Attribute Certificates (EACs) from power plants that meet stricter environmental standards and are verified by an external auditor. Choose between national or international ecolabels and standards, document the age and type of the power plant, technology and unique operational focus, and raise funds for renewable energy projects.

Eko energy logo
International ecolabel for renewable electricity.
EKOenergy
Additionality
African Park
P-RECs provide extra social benefits by supporting clean energy projects in conflict-prone regions and improving access to reliable electricity in underserved communities.
P-REC
Technologies
River(1)
Hydro Power
Sun(1)
Solar Power
Wind(1)
Wind Power
Landscape_2(1)
Bioenergy
Landscape_1(1)
Geothermal Energy
Power plants

Ecohz sources renewable electricity from over 1000 power plants on six continents. This enables you to choose specific power plants with distinct characteristics, including choice of technology, location, age, size, and owner profile.

Egypt 3-compressed
Benban solar power in Egypt
Dam-Nai-Wind-Farm-scaled
Dam Nai wind power in Vietnam
Argentina 6-compressed
Guanizuil IIA solar power in Argentina

The market outlook for International Renewable Energy Certificates

Fresh data shows a rising market, policy shifts, and developments that will present new challenges and opportunities for clean energy buyers worldwide.

 

 

 

 

Read more
I-REC webianr 1x1-2

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Market your renewable electricity and biogas to buyers worldwide.

Get in touch What we offer

Would you like a price offer on I-RECs? Let's have a chat.

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Arturo Sanchez
Senior Key Account Manager

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Adrien Mathys
Senior Renewable Portfolio Manager

Would you sell:
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