RECs are tradable environmental instruments representing proof that 1 MWh of electricity was generated from a renewable source (e.g., Solar, Wind, or Hydro). They assign ownership to renewable electricity generation and track the source through audited, blockchain-authenticated certification. RECs enable companies to meet renewable energy targets, enhance sustainability credentials, and attract ESG-focused investors.
Electricity on the grid is indistinguishable by source — RECs solve this by tracking and verifying renewable generation. By purchasing RECs, companies can: Comply with Renewable Portfolio Standards or corporate sustainability goals. Publicly demonstrate environmental responsibility. Increase brand equity and market value.
RECs are actively traded on three international exchanges and via direct agreements. Market value: USD $30 – $180 per MWh, depending on market demand, country, and energy source. According to Fortune Business Insights, the global REC market was ~US$27.58 billion in 2024, and is projected to grow to ~US$58.23 billion by 2032 (CAGR ~10.05%) Future Market Insights estimates the REC market will be US$23.2 billion in 2025, growing to US$64.6 billion by 2035, at a CAGR of ~10.8% Globe Newswire also projects growth: from US$27.99 billion in 2025 to US$45.45 billion by 2030 (CAGR ~10.2%) Companies may issue both RECs and Carbon Credits, since: RECs = proof of renewable electricity generation. Carbon Credits = proof of emission reductions. These instruments are complementary, offering multiple income and ESG opportunities.