Conclusions of the rolling RMD consultation

Following the discussion on implementing a rolling Residual Mix Deadline (RMD), the I-REC Standard Foundation Board conducted a consultation between November 4th and December 1st, 2021, to gauge the reactions to the proposed rolling RMD. The goal of the suggested rolling RMD was to mitigate the workload faced by Issuers with the current set-up as […]

Consultation for Rolling Residual Mix Deadline

The original Residual Mix Deadline (RMD) represents the last day issuance for the previous year could be done within the regulations of the code, normally May 15th. In 2020 a relaxation of the residual mix deadline was agreed by the Board due to the then-emerging COVID19 global crisis. After reviewing the positive impact the relaxation […]

Update on the Philippines Market: Release of the Renewable Portfolio Standard policy and its implications for I-REC(E) issuance

The Philippines has introduced a Renewable Portfolio Standard (RPS) mandating electricity suppliers to procure an agreed portion of their electricity supply from eligible renewable energy generation sources. The RPS will be tracked using a domestic registry under the purview of the Philippines Electricity Market Corporation (PEMC) pursuant to the Department of Energy Circular No. DOE […]