Articles related(60%) to "electricity certificate system"

Renewable Energy Credits (RECs) Purchase: Transforming Corporate Sustainability

Renewable Energy Credits (RECs) Purchase: Transforming Corporate Sustainability

As global REC markets surge past 47 billion USD in 2023, a critical dilemma emerges: How can businesses ensure their REC purchases actually drive new renewable projects? While 83% of Fortune 500 companies now use renewable energy credits for sustainability claims, recent audits reveal 41% of transactions fail basic additionality tests. This gap between intent and impact demands urgent resolution.

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