Energy Certificate
From Open Risk Manual
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Definition
An Energy Certificate is a transferable record or guarantee related to the amount of Energy or material goods consumed by an Energy Transformation process.
A certificate may be in any form, including electronic, and lists attributes such as method, quality, compliance, and tracking.
Examples
- Green tags
- Guarantee of Origin (GO)
- International REC Standard (I-REC Standard)
- Renewable Energy Certificate (REC)
- Renewable Energy Credit
- Tradable Instruments for Global Renewables (TIGR)
- Tradable Renewable Certificate (TRC)
- Tradable Renewable Energy Certificate (TREC)