In one line
Tradable certificate representing the green attributes of one MWh of renewable electricity generation.
What it means
A Renewable Energy Certificate (REC) is a tradable certificate representing the green/renewable attributes of one MWh of electricity from a renewable source. RECs allow obligated buyers to meet RPO compliance separately from physical electricity procurement. Indian REC trading happens on power exchanges.
Related terms
Browse every term in the renewable energy glossary, or read the latest analysis on Markets.