The ongoing efforts to combat the COVID-19 outbreak and lessen the potential spreading of the virus may cause many I-REC Registrants, Participants, and Issuers to face difficulties in managing workloads and meeting deadlines. The International REC Standard Foundation Board acknowledges these unique circumstances and has acted, following the request of stakeholders, to mitigate the impact on the market.
As a result, the following actions will be taken:
- The I-REC Standard Foundation Board has decided to extend the 2021 RMD to the 30th of September 2021 providing an additional four months from its original deadline of the 15th of May 2021 at the requests from multiple I-REC issuers.
- The I-REC Standard Foundation, together with Accredited Issuers, is working on a different solution for the Residual Mix Deadline starting in 2022. This solution is likely to be a rolling deadline based upon the previous year’s generation month instead of a single deadline for the entirety of the previous year’s generation.
For questions, please contact the I-REC Standard Foundation secretariat at email@example.com