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 […]

Malaysia Launches a Green Electricity Tariff (GET) Program backed by I-REC Standard

Malaysia is making it easier for corporations and households to buy high-quality renewable electricity products, direct from the utility—Tenaga Nasional Berhad (TNB). The renewable power comes from solar and hydropower plants across the country, with clean power procurement evidenced by Malaysia Renewable Energy Certificates (mREC). Each mREC is denominated by an International Renewable Energy Certificate […]