{"id":17,"date":"2021-05-11T13:05:04","date_gmt":"2021-05-11T13:05:04","guid":{"rendered":"https:\/\/sirt10.com\/wp\/?page_id=17"},"modified":"2023-06-08T08:33:27","modified_gmt":"2023-06-08T08:33:27","slug":"faq","status":"publish","type":"page","link":"https:\/\/rec-indonesia.id\/id\/faq\/","title":{"rendered":"FAQ"},"content":{"rendered":"
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Frequently Asked Questions\u200b<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tWhat is a Renewable Energy Certificate (REC)?<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t

A renewable energy certificate (REC) is a tradable green energy attribute which is issued when one megawatt-hour (MWh) of electricity is generated and delivered to the electricity grid from a renewable energy resource, like solar, hydro and wind.\u00a0<\/span><\/p>

These resources comply with and are registered under internationally recognized standards, such as the I-REC standard, and are eligible to be issued RECs for every unit of electricity generated. RECs embody the environmental attributes associated with renewable energy and may be utilized by organizations or individuals to meet their sustainability goals pertaining to purchased electricity. <\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tHow do RECs work?<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t

Renewable Energy Certificates (RECs) are designed as a market-based instrument to provide an economic incentive for electricity generation from renewable energy sources. Each REC represents proof that 1 MWh of renewable energy has been produced and embodies the environmental benefits of that amount of renewable energy generated.\u00a0\u00a0<\/span><\/p>

REC registries electronically issue RECs based on renewable energy generators\u2019 output. An REC, and its associated attributes and benefits, can be sold together or separately from the underlying physical electricity associated with the renewable-energy generation. RECs are an effective and recognized way of reaching net-zero carbon emissions and empowering sustainability.<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tWhat is the REC Indonesia Platform?<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t

The REC Indonesia platform is an online marketplace that creates transparency and enables RECs transactions of any volume with reduced cost for the sustainability goals. The REC Indonesia platform\u00a0 is powered by block-chain technology and artificial intelligence. These entities can validate the commitment transparently, on a public blockchain.\u00a0<\/span><\/p>

The REC Indonesia trading platform provides a trusted end-to-end service for our clients, including RECs qualified by global registry, buyer-seller fast matching, post-sale ownership verification, easy REC retirement, and trading fraud prevention.<\/p>

REC registries electronically issue RECs based on renewable energy generators\u2019 output. An REC, and its associated attributes and benefits, can be sold together or separately from the underlying physical electricity associated with the renewable energy generation. RECs are an effective and recognized way of reaching net-zero carbon emissions and empowering sustainability.<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tWhat is BlockChain Technology?<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t

A blockchain is a decentralized, distributed and public digital ledger that is used to record transactions across many computers so that the record cannot be altered retroactively without the alteration of all subsequent blocks and the consensus of the network. This allows the participants to verify and audit transactions inexpensively. This is valuable for RECs transactions as they are non-physical entities.\u00a0<\/span><\/p>

Physical electricity can be easily measured for production and consumption, however this is not true for RECs. For buyers of RECs such as individuals or corporations that have a commitment to their clients for sustainability, it is of paramount importance to demonstrate the unchallenged ownership of RECs. With RECs transactions written into the public blockchain network, anyone can verify the ownership of individual MWh of RECs that is claimed by the green corporations.<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tWhat is the difference between RECs and Carbon Offsets?<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t

Both RECs and carbon offsets represent environmental benefits of certain actions that can help mitigate greenhouse gas (GHG) emissions. However, RECs and carbon offsets are two different instruments.\u00a0<\/span><\/p>

RECs are measured in terms of electricity units and are used to validate the consumption of electricity from renewable sources. On the other hand, carbon offsets are measured in units of carbon dioxide equivalent (CO2e) and are used to represent the reductions of greenhouse gas emissions.\u00a0<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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RECs provide verifiable proof of the renewable energy usage from the grid without having to install solar panels or other renewable energy systems. This allows you flexibility, especially if your business is based in multiple places or does not have the infrastructure to install solar panels.\u00a0<\/span><\/p>

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RECs are beneficial for business as well, helping to achieve emissions goals and promote higher commitment to renewables. The more RECs are in demand, the more renewable energy must be generated. This weakens the demand for fossil fuel, encouraging a healthier planet and sustainable future.<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t