Understanding Renewable Energy Certificates: A Pathway to Sustainable Energy Solutions
What it is: Renewable Energy Certificates (RECs), also known as Green Tags, Renewable Energy Credits, or Tradable Renewable Certificates, are market-based instruments that represent proof that a specific amount of renewable energy has been generated. One REC is equivalent to one megawatt-hour (MWh) of electricity produced from renewable sources such as solar, wind, …
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