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European Energy Certificate System
The European Energy Certificate System (EECS) is an integrated European framework for issuing, transferring and cancelling EU energy certificates. It was developed by the Association of Issuing Bodies to provide a properly regulated platform for Renewable Energy Guarantees of Origin, as proposed by REDII. EECS supports all types of electricity, regardless of source or production technology. Energy standard The Guarantee of Origin includes information about the energy attributes of the electricity production to which it relates to such as source, capacity, and age of the plant. The EECS was developed to serve as the standardization system for the European GOs. It is used by more than 28 countries that work with the AIB. The organization maintains that the certification system is intended to secure "in a manner consistent with European Community law and relevant national laws, that systems operating within the EECS framework are reliable, secure and interoperable." It is claimed ...
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Energy Certificate
An energy certificate or energy attribute certificate is a transferable record or guarantee related to the amount of energy or material goods consumed by an energy conversion device in industrial production. A certificate may be in any form, including electronic, and lists attributes such as method, quality, compliance, and tracking. Terminology An energy attribute certificate (EAC) can include "a variety of instruments with different names, including certificates, tags, credits, or generator declarations." These certificates relate to various tracking systems worldwide. Examples of energy certificates for renewable energy are: * Green tags * Guarantee of origin (GO) * International REC Standard (I-REC Standard) * Renewable Energy Certificates (RECs) * Renewable Energy Credits * Tradable Instruments for Global Renewables (TIGRs) * Tradable Renewable Certificates (TRCs) * Tradable Renewable Energy Certificates (TRECs) Purpose and examples by region Energy certificates issued u ...
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Association Of Issuing Bodies
The Association of Issuing Bodies (AIB) promotes the use of a standardised system European Energy Certificate System (EECS) , based on structures and procedures to ensure the reliable operation of international energy certificate An energy certificate or energy attribute certificate is a transferable record or guarantee related to the amount of energy or material goods consumed by an energy conversion device in industrial production. A certificate may be in any form, incl ... systems. European Energy Certificate System (EECS) is set out in "''The EECS Rules''" and its supporting documents. The work of the AIB is relevant to all electricity customers, as the Guarantee of Origin (the instrument created in the European Directive and standardised through EECS) is a cornerstone of providing reliable disclosure information on the origin of electricity supplied to consumers. Footnotes International organizations based in Europe International energy organizations {{europe- ...
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Guarantee Of Origin
A Guarantee of Origin (GO or GoO) is an energy certificate defined in article 15 of the European Directive 2009/28/EC. A GO labels electricity from renewable sources to provide information to electricity customers on the source of their energy. Guarantees of origin are the only precisely defined instruments evidencing the origin of electricity generated from renewable energy sources. Certificate In operation, a GO is a green label or tracker that guarantees that one MWh of electricity has been produced from renewable energy sources. Guarantees of origin are traded. When a company buys guarantees of origin, as documentation for the electricity delivered or consumed, the guarantees of origin are cancelled in the electronic certificate registry. This single standardized instrument makes it possible to track ownership, verify claims and ensure that guarantees of origin are only sold once and that there is no double counting. In their most accomplished form, guarantees of origin are ...
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European Union Law
European Union law is a system of rules operating within the member states of the European Union (EU). Since the founding of the European Coal and Steel Community following World War II, the EU has developed the aim to "promote peace, its values and the well-being of its peoples". The EU has political institutions, social and economic policies, which transcend nation states for the purpose of cooperation and human development. According to its Court of Justice the EU represents "a new legal order of international law".'' Van Gend en Loos v Nederlandse Administratie der Belastingen'' (1963Case 26/62/ref> The EU's legal foundations are the Treaty on European Union and the Treaty on the Functioning of the European Union, currently unanimously agreed on by the governments of 27 member states. New members may join if they agree to follow the rules of the union, and existing states may leave according to their "own constitutional requirements".TEart 50 On the most sophisticated di ...
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Energy Certificate
An energy certificate or energy attribute certificate is a transferable record or guarantee related to the amount of energy or material goods consumed by an energy conversion device in industrial production. A certificate may be in any form, including electronic, and lists attributes such as method, quality, compliance, and tracking. Terminology An energy attribute certificate (EAC) can include "a variety of instruments with different names, including certificates, tags, credits, or generator declarations." These certificates relate to various tracking systems worldwide. Examples of energy certificates for renewable energy are: * Green tags * Guarantee of origin (GO) * International REC Standard (I-REC Standard) * Renewable Energy Certificates (RECs) * Renewable Energy Credits * Tradable Instruments for Global Renewables (TIGRs) * Tradable Renewable Certificates (TRCs) * Tradable Renewable Energy Certificates (TRECs) Purpose and examples by region Energy certificates issued u ...
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