Renewable Energy Credits and Certificates

When we talk about renewable energy sources it is inevitable to miss the following two terms:

1. Renewable Energy Credits

2. Renewable Energy Certificates

Definitions of renewable energy credits on the Web:

  • Commonly referred to as a green tag and similar to carbon offsets, this is the purchase of a 1 megawatt-hour (MWh) unit renewable energy. …
    earth911.org/product-stewardship/product-stewardship-glossary/

Definitions of renewable energy certificates on the Web:

  • Renewable Energy Certificates (RECs), also known as Green tags, Renewable Energy Credits, Renewable Electricity Certificates, or Tradable Renewable Certificates (TRCs), are tradable, non-tangible energy commodities in the United States that represent proof that 1 megawatt-hour (MWh) of …
    en.wikipedia.org/wiki/Renewable_Energy_Certificates
  • RECs are created under the federal MRET scheme either by installing solar hot water heaters or generating renewable energy.
    www.co2australia.com.au/index.php
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