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International Renewable Energy Certificates (I-RECs)
Document renewable energy consumption outside of Europe and North America.
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The price of I-RECs
The I-REC market is subject to multiple pressures. Weather patterns, policy changes, and geopolitical events can affect the price of the certificates.
The graph below shows the price behaviour of some I-REC national markets over time. Although, future developments are hard to predict, Ecohz’ advisors monitor the market constantly to provide our customers with the most cost-effective solution available.
Building a smart I-REC procurement strategy
01 Consumption period
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I-RECs can be cancelled to comply with different consumption periods, which offers cost-saving opportunities.
02 Timing
Agile purchasing allows you to take advantage of market fluctuations.
03 Technology
Whether solar, wind, hydro, biomass or other, tech can be determining for I-REC prices.
04 Long-term procurement
Forward year I-RECs buying and other strategies such as PPAs can cut costs and reduced risk.
05 Sustainability standards
Aligning with initiatives such as RE100 and obtaining high CDP scores requires meeting strict quality requirements.
06 Reporting deadlines
Ensure I-RECs are purchased prior to registry deadlines too.
07 Ecolabels
Consume renewable energy meeting requirements of specific standards or certification programmes.
Ecolabels for additional impact
Buy renewable energy from power plants that meet stricter sustainability standards and unleash additional social and environmental benefits.
- EKOenergy — Stricter sustainability criteria
- P-RECs — Suport renewable energy development in fragile countries
Ecohz Renewable Energy Procurement Portals
We developed digital platforms that simplify how you source renewables around the world, whether for business units or value chain partners.
For Scope 2
Bring decentralised renewable energy procurement under control with a platform that streamlines EAC purchases globally.
For Scope 3
Give your suppliers easy access to renewable energy and reduce Scope 3 emissions worldwide.
Would you like a price offer on I-RECs? Let's have a chat.
Get in touch
Arturo Sanchez
Senior Key Account Manager
Would you buy:
Book a meeting
Adrien Mathys
Senior Renewable Portfolio Manager
Would you sell:
Book a meeting