About Green Electricity Certificates
As a way to liberalise its renewable energy market and allow businesses and individuals to buy renewable electricity voluntarily, China launched the Green Electricity Certificate (GEC) scheme in July 2017.
GEC Features and Administration
GECs are a type of Energy Attribute Certificates (EACs), which allows entities to claim the environmental attributes of the associated renewable energy production. One GEC is equivalent to 1 MWh of green electricity.
China’s National Energy Administration is the sole body responsible for the issuance and administration of GECs.
Why Use GECs
GECs are the sole recognised instrument to track renewable energy production and consumption in China. They provide verifiable claims and traceability of renewable energy use, ensuring transaction and market integrity. RE100 has recognised GECs to provide credible claims to use of renewable electricity.
Businesses with operations in China may buy GECs and retire them to claim use of clean electricity and reduce their Scope 2 emissions. In addition, procurement of GECs signal support for renewable electricity, potentially spurring development of new projects in renewables.
GECs may be traded only once before retirement.
Kickstart Your Journey in GECs with REDEX
REDEX enables you to access GECs conveniently. With our REHash platform, you may buy GECs and retire them seamlessly.
Contact us at enquiry@redex.eco to find out how GECs can enhance your sustainability credentials.
Frequently Asked Questions About GEC
Why use Green Electricity Certificates (GECs) in China?
Green Electricity Certificates (GECs) are the sole recognised instrument to track renewable energy production and consumption in China.
No new I-REC(E) will be allowed to be issued after 31 March 2025 in China. All I-REC(E) issued up to 31 March 2025 will only be for power generated up to 31 December 2024.
Are GECs recognised by RE100?
RE100 has recognised GECs to provide credible claims to use of renewable electricity.
Can GECs be sold more than once?
No. Once sold for the first time, GECs must be retired and their environmental benefits claimed. GECs cannot be sold more than once.
Where can MNCs procure GECs for their subsidiaries in China?
REDEX offers a one-stop solution for international buyers of GECs. We have streamlined the GEC buying and retirement process, enabling businesses to adopt renewable energy conveniently using GECs.
