Renewable Energy Certificate (RECs)

ASIARECS, Your Partner Towards Net Zero Emissions

Why Engage Us For RECS?

Hassle Free

Help to source, procure, hold and redeem renewable energy certificates (RECs) on your behalf.

Budget Friendly

Help to manage any renewable energy certificates (RECs) quantity according to your budget.

Within Asia

Support organisation who have several business operations by sourcing renewable energy certificates (RECs) for each country.

Unbundled RECs

Save money by unbundled renewable energy certificates (RECs) from electricity supply.

Transparent Status

Transparent in our renewable energy certificates (RECs) status of Country, Technology, Vintage.

Lock-In Price

We can lock-in price for your organisation future renewable energy certificates (RECs) demand.

What is Renewable Energy Certificates (RECs)

Renewable Energy (Solar, Wind, Hydro, Geothermal & etc) generated can be registered to become Renewable Energy Certificate (REC) through Internationally Recognized Registry.

REC is a type of Energy Attribute Certificate (EAC).

1 MWh Renewable Energy can be converted to 1 Renewable Energy Certificate (REC).

In Asia, I-REC and APX TIGRs are the registries that are internationally recognised and accepted for registering renewable energy generators & issuing tradable renewable energy certificates (RECs).

Meanwhile, countries like Taiwan (T-REC), Japan (J-Credit), and China (GEC) have their own national-based registries to issue green energy certificates and promote certified renewable energy projects within their borders.

Part of RE100, Science Based Targets (SBT), LEED, Green Mark Certification and Others Initiatives

If your organisation is part of different initiatives, then you would need to comply with the local initiatives’ rules.

Example, under RE100, you are required to purchase local renewable energy certificates (RECs) for your local energy consumption to offset Scope 2 emission.

In Singapore, with SS673 generally you can purchase Southeast Asia RECs to offset Scope 2 Emission due to scarcity of Singapore RECs.

Let us know you are part of which initiatives and we will provide you with relevant renewable energy certificates (RECs).

Why Companies Buy Renewable Energy Certificates (RECs)

Companies purchase renewable energy certificates (RECs), to offset their Scope 2 emissions, which consist of energy consumption for offices, factory or any other premises.

It is to achieve Sustainability Goal Scope 2 Emission on Renewable Energy.

Purchasing RECs is part of corporation’s environmental, social and governance (ESG) efforts.

Energy purchased from Electricity Retailer mostly are brown energy. So, you can buy and redeem RECs separately to achieve your sustainability goal.

Once redeemed, these RECs cannot be transferred to anyone.

From there, these RECs can be included in your sustainability report of supporting Renewable Energy and offset Scope 2 emission.

How are Renewable Energy Credits Created?

Renewable energy credits (RECs) are created when a renewable energy source, such as solar or wind, creates one megawatt-hour (MWh) of electricity and transmits it to the grid. For example, if a wind power station generates 5 MWh of electricity, it has five renewable energy credits to retain or sell. If you or your business purchases those renewable energy credits, you are purchasing the “renewable” element of the wind farm’s power, and you may claim that 5 MWh of your electricity originated from a renewable source.

A renewable energy credit that has been sold cannot be acquired again. All renewable energy credits are uniquely numbered and often include information such as where they were created, the sort of renewable resource they originated from, and the generation date. The transaction of RECs is tracked and documented.

What is the Difference between Renewable Energy Credits and Carbon Credits?

There are some differences between carbon credits and renewable energy credits. To encourage the use of green energy, renewable energy credits show the environmental effects of one megawatt-hour of power produced from renewable sources. Tracking and rewarding the use of renewable energy, renewable energy certificates (RECs) are measured in units of electricity and can be used in both voluntary and enforcement markets.

And carbon credits, which are measured in metric tonnes of carbon dioxide equivalent, are won by doing projects that get rid of or lower greenhouse gas pollution. More than just green energy projects, reforestation, and energy saving are covered by these benefits. While carbon credits are traded on carbon markets, they offer cash rewards for actions that help lower greenhouse gas emissions generally. Carbon credits cover a wider range of actions that aim to reduce climate change by lowering carbon loads, while renewable energy certificates (RECs) focus on using green energy.

What are the Benefits of Buying Renewable Energy Certificates (RECs)?

Renewable Energy Certificates (RECs) are traceable as they have a unique serial number that may be used to validate claims and ensure that they are only sold and redeemed once
Supports the renewable energy market by signaling the need for increased renewable energy generation
Encourages the production of renewable energy that emits no greenhouse gases from fossil sources
Reducing your carbon footprint
Utilise renewable energy without having to pay for solar panel installation
Showcasing a company’s dedication to environmental responsibility through the incorporation of certified renewable energy into its energy portfolio

How to Offset Scope 2 Emission

Scope 2 Emission is the indirect greenhouse gas emissions associated with the purchase of electricity, heat, or cooling. It is very straightforward to offset Scope 2 emission by using renewable energy certificates (RECs) compared to carbon offset.

All you need to do is check your electricity bill to see how much energy (KWh or MWh) been used.

Then, purchase the equivalent amount of RECs (1 REC = 1 MWh).

Lastly, redeem the renewable energy certificates (RECs) to proof. Now, you can claim to support renewable energy in your sustainability report.