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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 certificates in the United States that represent proof that 1 megawatt-hour (MWh) of electricity was generated from an eligible renewable energy resource (renewable electricity) and was fed ...
An energy certificate or energy attribute certificate is a transferable record or guarantee related to the amount of energy or material goods consumed by an energy conversion device in industrial production. A certificate may be in any form, including electronic, and lists attributes such as method, quality, compliance, and tracking.
A green certificate are a tradable commodity proving that certain electricity is generated using renewable energy sources. Typically one certificate represents the generation of one Megawatthour of electricity. What is defined as "renewable" varies from certificate trading scheme to trading scheme.
The Texas Renewable Portfolio Standard was originally created by Senate Bill 7 in 1999. The Texas RPS mandated that utility companies jointly create 2000 new MWs of renewables by 2009 based on their market share. In 2005, Senate Bill 20, increased the state's RPS requirement to 5,880 MW by 2015, of which, 500 MW must come from non-wind resources.
Home improvements that might qualify for the Residential Clean Energy Credit include renewable or green energy projects like wind turbines, geothermal heat pumps, solar panels, fuel cells or ...
Reputable eco-friendly electricity labels ensure an ecological benefit in practice. Some reputable labels (like the WWF co-funded German "ok-power" label) also used RECS, but only as a broadly-accepted accounting and tracking system (to register the power plants against double-selling); other labels required direct contracts for delivery with the plant as an alternative.
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