pagina 1 RECS Lessons learned Peter Niermeijer General Secretary RECS (Ecofys NL)
pagina 2 Outline presentation n Who is behind RECS? n Key issues Harmonisation certificate systems Harmonisation demand side certificate market Trade aspects Climate change aspects
pagina 3 Who is behind RECS? n Stakeholders are: Market players Consumers (industry, commerce and domestic) National and European political stakeholders Non-governmental environmental organisations n 150 members from 18 countries n All of EU except (Portugal), Greece and Luxembourg n …..also USA, Australia, Japan and New Zealand…. n …..interest expressed from 44 other countries n Supported by EC n No-one, no organisation, no country dominates n Chaired by Italy (was Netherlands, then Germany)
pagina 4 Structure of the RECS Group Presidium RECS Bureau Members National teams Trade Group Association of Issuing Bodies PR & Comms Governmental group
pagina 5 Key issues
pagina 6 Certificate system Harmonisation systems Supply Demand IB : Issuing Registration Redeeming electricity market certificate market
pagina 7 Certificate System Central monitoring office Nr. xxx Issuing/Registration/Redeeming verification / auditing Issuing Body Supply nr. xxx Demand
pagina 8 No Harmonisation: Incompatible Systems nr. xxx Supply Demand Central monitoring office Redeeming verification / auditing Issuing Body DK nr. xxx Supply Demand Central monitoring office Redeeming verification / auditing Issuing Body NL nr. xxx Supply Demand Central monitoring office Redeeming verification / auditing Issuing Body N x x x
pagina 9 Compatible Systems nr. xxx Supply Demand Central monitoring office Redeeming verification / auditing Issuing Body DK nr. xxx Supply Demand Central monitoring office Redeeming verification / auditing Issuing Body NL nr. xxx Supply Demand Central monitoring office Redeeming verification / auditing Issuing Body N Association of Issuing Bodies Basic Commitments (harmonisation / standardisation) Verification / Auditing
pagina 10 What can you do with RECS?
pagina 11 NL: Ecotax exemption After redeeming certificates Voluntary Green Tariff (NL) Supply Demand IB : Issuing Registration Redeeming electricity market certificate market
pagina 12 Only Wind Certificates Green labeling Supply certificate market electricity market IB: Issuing Registration Redeeming Demand Supplier with green label e.g. Only Wind
pagina 13 Government Redemption account Mandatory systems Supply electricity market IB: Issuing Registration Redeeming Demand Obligation: Suppliers (UK) Producers (Italy) End users (DK) certificate market
pagina 14 Redemption account Grid company Feed in systems electricity market Supply IB: Issuing Registration Redeeming Demand Grid company Germany Feed in Tariff Or: Fixed price certificate market
pagina 15 NL: RECS certificates accepted by tax authorities in future Import green energy Supply certificate market electricity market IB: Issuing Registration Redeeming Demand RECS forum or Governmental meeting Transfer of certificate
pagina 16 Summarizing n Voluntary green tariffs n Green labeling n Mandatory systems n Feed in laws n Import and export n Certificate of origin (art. 5 RES Directive) n Monitoring
pagina 17 Key issue: trade aspects n Legal status of a certificate n Size of certificate: MWh n Different eligibility in countries n Different validity dates n Variety in products: wind, hydro, solar, etc n Different penalties n National targets n Banking and borrowing n Market places: price index?
pagina 18 Climate change n Concept of the jewel box Is the certificate traded? How much CO2 was in it? Are you allowed to take it out? Trade between companies or ‘parties’ n Does it fit in Kyoto mechanism? Building registries CDM/JI
pagina 19 RECS strategy national certificate systems national RE quota CO 2 - effects (inter) national trade
pagina 20 Some remarks 1. Creating certificate systems is one thing, 2. Buying certificates is an other thing Who is paying? Is international trade necessary? Is this according subsidiarity principle? n Cost-efficient n Operational ……. Now!
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