"Procuring renewable electricity in some countries/markets is challenging. If a country does not have its own energy attribute tracking system, RE100 recommends international certificate systems such as I-RECs or TIGRs, [...]
"The Electric Industry Law (LIE) defines in its article 3, section VIII, the Clean Energy Certificates (CEL) as that title issued by the Energy Regulatory Commission (the Commission) that accredits [...]
"Since CELs are a market instrument, their price is not fixed, but depends on supply and demand; Market Participants may submit offers to sell CEL at any price, as well [...]
Those technologies that are considered clean as defined in Article 3, section XXII of the LIE, namely: Wind; Solar radiation, in all its forms; The oceanic energy in its different [...]
"No, in the new regulatory framework each MWh generated with clean energy receives a CEL regardless of the technology with which it was generated. In the case of technologies that [...]
"Article 123 of the LIE states that they are the Suppliers; Qualified Users Participating in the Market; the End Users supplied by the isolated supply; as well as the holders [...]
"Yes, CELs can be acquired voluntarily for which it is required to be registered as a Voluntary Entity within the System. A voluntary entity may also market these CELs. The [...]
"The penalty for not acquiring the corresponding CELs is a fine that is determined according to the percentage of CELs not acquired in the period * and to recidivism. The [...]
"Renewable energy instruments such as renewable energy certificates (RECs) should only be used to meet reductions of scope 2 emissions using the market based approach. Please see the GHG Protocol [...]
"The Greenhouse Gas Protocol categorises direct and indirect emissions into three broad scopes: Scope 1: Direct GHG emissions occur from sources that are owned or controlled by the company, for [...]