I-REC Services

I-REC Services

I-REC is a system for trading the environmental value of electricity generated by overseas renewable energy sources in the form of international environmental certificates called I-RECs. Under typical international initiatives, the I-REC-equivalent electricity consumption acquired can be reported as renewable electricity.

NameInternational Renewable Energy Certification
Management organization"The International REC Standard Foundation" (a non-profit organization)
Head Office locationNetherlands
Applicable countries37 countries (including 10 Asian countries) as of December 2020. Applicable countries: Thailand, Vietnam, Indonesia, Singapore, Philippines, Malaysia, China, Taiwan, India and Sri Lanka
Usage conditionsOnly available in the issuing country (not available in Japan), FIT power supply is available in some target countries

Image of I-REC transactions

Benefits

  • By increasing the utilization rate of renewable energy, Kansai Energy Solutions (Thailand) Co., Ltd. will be closer to achieving our own environmental targets.
  • It is possible to minimize the troublesome labor required for REC procurement.

Available International Environmental Indicators (Example)

SDGs

SDGs

RE100

RE100

SBT

SBT certified

Project implementation system

Currently, I-REC procurement is possible for Vietnamese and Thai customers