Stefan Zisler,

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The Renewable Energy Certificate System - RECS
Seminar on Green CertificatesReykjavik, 16.
September 2005

• Stefan Zisler,
• RECS International, Member of the board
• Chairman RECS Germany e.V.
• s.zisler_at_hew.de

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Outline of the presentation

• About RECS
• RECS International
• How does a certificate system work?
• Certificates in different support regimes

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RECS International -storry of success

• Start up phase 2000
• Test Phase 2001-2002 Testing the systems
• Operational 2003-.. Shaping the market
• RECS International, 124 market actors in 18
  countries
• Non profit European association,based in
  Brussels
• More than 83 TWh issued, 47 TWh
  internationally redeemed

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RECS international an association of market
players

• RECS members
• The are 124 RECS members in 18 European
  countries.
• RECS is open to everybody market actors,
  authorities, associations, services (e.g. green
  label organisations) and others.

Norway Sweden Finland Denmark Germany Netherlands
UK/Ireland Belgium/ Luxemburg France Spain Switze
rland Austria Italy Portugal Slovenia Poland
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RECS internal organisation
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Officials Board RECS International

• Board
• Claes Hedenström Chairman
• Pierre-Guy Therond Vice-Chairman
• John Ravlo Treasurer
• Secretariat
• Peter Niermeijer Secretary General

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RECS approach

• Split in responsibilities (Unbundling)
• System operators (AIB) system aspects,
  standardisation and securing quality level
• RECS International market issues (demand side as
  well transparency of the market)
• Governments market regulations and appoint
  system operators
• Three level approach
• Harmonising national systems to make
  international transfers of information possible
  (RECS)
• Harmonising the Demand Side (road map)
• Making the market working (liquid and transparent)

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System details
DEMAND
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• how do certificate systems work with
• tax exemption
• labelling
• obligations
• feed-in systems
• target counting
• Guarantee of Origin

Demand
Supply
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Tax exemption
tax exemption eco tax
Demand
Supply
tax exemption / labelling / obligations / feed-in
systems / target counting / Guarantee of Origin
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Labelling green energy
e.g. only wind PV energy from NL
Demand
Supply
tax exemption / labelling / obligations / feed-in
systems / target counting / Guarantee of Origin
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Obligations
Producers (IT) Suppliers (UK) End-users (SE)
Demand
Supply
tax exemption / labelling / obligations / feed-in
systems / target counting / Guarantee of Origin
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Feed-in systems
fixed price
Demand
Supply
tax exemption / labelling / obligations / feed-in
systems / target counting / Guarantee of Origin
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• Target counting (disclosure)
• RECS and Guarantee of Origin (GoO)

• Session III Demandside of the green
  certificate market

Demand
Supply
tax exemption / labelling / obligations / feed-in
systems / target counting / Guarantee of Origin
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Summary use of certificate systems

• Voluntary schemes (with tax exemption)
• Labeling green energy
• Obligations (or quota systems)
• Feed-in systems
• Monitoring (import, export, accounting for
  targets, disclosure -gt Session III)

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Principle of harmonisation
AIB
Verification and auditing
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• Certificate itself is NOT a support scheme

• Certificates make support for renewable energy
  more transparent and easier to monitor and verify
• Regulations that make people buy certificates,
  stimulate renewable energy
• Harmonisation and standardisation facilitates
  and fosters international trade

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Thank you for your attentionpakka áheyrnina

• For more information
• Email info_at_recs.org
• Internet www.recs.org