Settle International Renewable Energy Certificates (I-RECs) with ACX
I-RECs Overview
International Renewable Energy Certificates (I-RECs) represent the environmental attributes of the generation of one megawatt-hour (MWh) of energy produced by renewable sources. Managed by the Evident Registry, I-RECs serve as an auditable record for trading and verifying ownership of renewable energy attributes, providing specifics on electricity production such as location, capacity, and source.
Recognised by key emissions reporting frameworks, I-RECs enable corporations to prove their renewable energy use, aiding in offsetting Scope 2 emissions. The I-REC market, has experienced substantial growth, facilitated sustainability efforts and supported the expansion of the renewable energy sector.
Why settle I-RECs at ACX?
ACX is excited to announce its partnership with Trayport, offering a secure and efficient platform tailored for the renewable energy market.
With ACX and Trayport, you gain access to an unparalleled settlement experience. Our collaboration ensures that every transaction is seamless, from verification to the tracking of renewable energy consumption. This partnership is more than just a service, it's solidifying your commitment to sustainability and renewable energy advocacy.
Benefits of Settling with ACX
For global and regional industry corporates, as well as renewable energy developers, settling I-RECs on ACX's platform offers numerous advantages:
Global Reach
Established & Reliable Framework
Mitigates Counterparty Risk
Cost Effective & Efficient
Clear Delivery & Retirement Process
