green certificate (Q1373)
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A certificate in which the commodity (i.e. permit) represents a fixed amount of electricity from renewables that can be traded in order to comply with renewable energy quotas established by the government.
- green certificates
- REC
- TRC
- TRCs
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | green certificate |
A certificate in which the commodity (i.e. permit) represents a fixed amount of electricity from renewables that can be traded in order to comply with renewable energy quotas established by the government. |
|
Statements
A certificate in which the commodity (i.e. permit) represents a fixed amount of electricity from renewables that can be traded in order to comply with renewable energy quotas established by the government. Governments can use this renewable energy policy instrument to set targets for renewable energy production.