Consumer driven energy transition
part of eex group
Energy Certification
Energy Certificates provide a reliable method for the tracking of energy origin. The certificate is not attached to physical energy. Instead, energy attribute certificates are separate commodities. This allows consumers to choose how their energy is produced, which helps generate market demand for renewable energy. Naturally, a functioning market also helps to generate investments into renewable energy.
Energy Certificate Systems
What are Energy Certificates?
Energy Certificates track the origin of energy. Each certificate carries the information on how the energy it relates to was produced. The certificates can be issued for various energy carriers. For instance, the European Guarantees of Origin system includes electricity, gas, hydrogen as well as heating and cooling. These certificates can be traded independently from the physical energy.
Energy Certification Process
A competent body mandated by the government issues certificates according to an energy certification scheme, such as the European Energy Certificate System, EECS. The certificates can then be traded nationally and internationally, according to the rules of the certification scheme and under the supervision of the competent bodies.
The certificates reach the end of their lifecycle either through cancellation or expiration. When the certificates are cancelled, they are labelled to represent either sold or consumed physical energy. Cancelled certificates act as the proof of origin of energy for energy disclosure. This allows the end consumer to get reliable information on how the energy they have used has been produced.
Energy Certificate types
The European Guarantee of Origin (GO) is the most common Energy Certificate in the European market. Under Renewable Energy Directive II it can be issued to several energy carriers (electricity, gas, hydrogen, heating and cooling) and traded independently from physical energy to which it relates. In addition to RED II, the field is regulated by the CEN-EN 16325 standard and EECS.
The certificate market, nevertheless, is not limited to the GO. Other similar commodities include for instance national and international support certificate schemes, like the Elcertificate scheme in Sweden and Norway.
In addition to legislative schemes, there are voluntary private schemes and markets such as I-REC for countries where governmental disclosure certificate scheme is still missing, and UK Biomethane Certification Scheme (BMCS).
Grexel Knows Energy Certification
In our decades in the field, wed as a issuing body and provided government actors and account holders with great registry solutions.
If you would like to learn more about our projects, please see our cases.
Case Studies
