Difference between revisions of "European Energy Certificate System"

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== Definition ==
 
== Definition ==
The '''European Energy Certificate System''' (EECS) is a commercial European framework for issuing, holding, transferring and otherwise processing EU [[Energy Certificate | energy certificates].  
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The '''European Energy Certificate System''' (EECS) is a commercial European framework for issuing, holding, transferring and otherwise processing EU [[Energy Certificate | energy certificates]].  
  
 
== History ==
 
== History ==

Revision as of 00:39, 31 May 2023

Definition

The European Energy Certificate System (EECS) is a commercial European framework for issuing, holding, transferring and otherwise processing EU energy certificates.

History

The EECS was developed by the Association of Issuing Bodies to provide a regulated platform for Renewable Energy Guarantees of Origin, as proposed by the Renewables Directive which supports Directive 2009/72/EC (the Internal Electricity Market Directive).

EECS builds upon the concept proposed by the Basic Commitment of the Renewable Energy Certificate System (RECS) and supports all types of electricity, regardless of source or production technology.