There has not been a single year where any parameters of the standard did not grow with a three digit percentage – regardless if we look at the number of approved power plants, the number of participants, the issued volumes or the redeemed volumes. The number of issued and redeemed Intenational RECs (I-RECs) increased steadily, leaving the market almost close to being balanced on a global aggregated scale. The development of I-REC around the world has been an impressive success and the I-REC Standard has become an essential instrument for reporting electricity consumption by corporates, institutions and individuals… More