GreenPowerHub I-REC features

EECS API

Monitor I-REC prices

All subscription levels with I-REC market get full insight and transparency into the prices on the network.

You benefit from being able to monitor the market in real-time and quickly post your buying or selling interests online. You also get regular updates about new members and a weekly market report.

Manage your I-REC counterparts

Control your trade partners to limit your risk.

Easy to use counterpart options.

Inviting partners only takes a few clicks.

EECS API
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Trade I-REC

I-RECS can be traded here on GreenPowerHub. GreenPowerHub is an online interest-sharing network to facilitate the trade of I-REC and other EACs.

GreenPowerHub aims to streamline your trading.

Create an I-REC interest with ease.

Trade with your own counterparts.

Automate and integrate – I-REC API

For subscribers at higher subscription tiers, we offer complete API access to all trade- and partner features.

EECS API

What is an I-REC?

I-REC is a global energy certificate system that helps document the production of renewable energy by labeling the production with attributes such as origin (where was it produced), technology (how was it produced?), and date (when was it produced).

What is an I-REC interest?

An I-REC interest is a demand or supply (ask or bid) for an I-REC certificate. The interest specifies the requirements of what you want to buy or what you want to sell. I-REC interests can be placed in the Green Power Hub application.

i-rec interests

Origin of I-REC posted on Green Power Hub

Below are real sample interests posted on the Green Power Hub network.

Mexican I-REC

Mexican I-REC

  • A 1 EUR I-REC Bid for 3 GWh of Mexican renewable energy produced in 2021.
  • The buyer wants Spot delivery and that the certificates will be valid for at least four weeks.
  • Any delivery point is accepted, though only the I-REC registry is available for I-RECs.
  • The Bid is Subject to Contract & Credit, meaning that anyone can trade it, but the trade can potentially be canceled if the buyer and seller can’t agree on contract terms or don’t pass credit or risk department demands.
  • The interest will expire in 14 minutes from this screenshot.

Brazilian I-REC

  • A 0.73 EUR I-REC ASK for 3000 MWh Brazilian Solar energy produced in 2022.
  • The seller’s plant is commissioned within the last 5 years and the solar plant is certified by EKOenergy.
  • This particular interest is tradeable for partners.
Brazilian I-REC

I-REC prices

The price of an I-REC certificate differs widely depending on technology, origin, and many other specifications.

By joining GPH as a subscriber, you get complete price transparency into all the trades on the network. This includes detailed information on the attributes of particular trades.

Get a view of previous data in our market report.

I-REC FAQ

What's the price of an I-REC?

The price of an I-REC certificate differs widely depending on technology, origin, and many other specifications.

By joining GPH as a subscriber you get complete price transparency into all the trades on the network. This includes detailed information on the attributes of particular trades.

 

What is an canceled I-REC?

Both I-RECs and EECS are canceled to be used. Canceled certificates will be registered as such in the registries and no longer be able to be traded. A Cancellation statement will normally then be produced to document rightful ownership of the certificates.

What is the validity of an I-REC?

I-RECS are, as other EACS, connected to the production of energy, but have indefinite validity (I.E it never expires), though older I-RECs are generally considered lower value than newer vintage.

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