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REC
Also known as: Renewable Energy Certificate
Tradable certificate representing the green attributes of one MWh of renewable electricity generation.
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
- RPO — Indian regulation requiring DISCOMs and large consumers to source a minimum perc…