Renewable Energy Certificate (REC),
What is The Definition of Renewable Energy Certificate (REC)?
Renewable Energy Certificate (REC) refers to Renewable Energy Certificates (CERs) are market-based devices that verify that the operator has one megawatt-hour (megawatts) of electricity from renewable energy sources. Once the electricity supplier supplies energy to the grid, the REC receipt can be sold on the open market as an energy product. However, CERs can have different names, including green tags, renewable trade certificates (TRCs), renewable electricity certificates, or renewable energy credits.
- The CER announced that market owners have one megawatt of renewable energy.
- REC represents the amount of renewable energy in the power grid.
- Receives unused electricity credit (REC) from renewable energy sources which can eventually be sold at a profit.
- In other types of market transactions, REC exchanges include trading RECs to take advantage of the difference in buying and selling prices.
- Many states have different RPS standards that increase trade.
Literal Meanings of Renewable Energy Certificate (REC)
Meanings of Renewable:
Energy sources that do not run out of use, such as water, wind or solar energy.
(Natural resources or energy sources) have not decreased.
Sentences of Renewable
The cost of production for renewable energy is higher than coal, oil or gas
The 30-day war can be extended by mutual agreement
Moving from fossil fuels to renewable energy
Meanings of Energy:
Strength and vitality required for permanent physical or mental activity.
The use of physical or chemical resources to provide energy, primarily light and heat, or to operate machinery.
A property of matter and radiation that manifests itself in the ability to work (for example, causing molecules to move or interact).
Sentences of Energy
Changes in vitamin levels can affect energy levels and well-being.
A collision in which no energy is transferred
Synonyms of Energy
verve, vibrancy, fire, spirit, perkiness, vigour, zest, vitality, sparkle, ardour, liveliness, buoyancy, effervescence, vivacity, power, enthusiasm, animation, sprightliness, spiritedness, zeal
Meanings of Certificate:
Provide or verify official documents.
An official document that proves a certain fact.
Sentences of Certificate
The amount earned must be verified by the employer.
The customer then receives a certificate proving that their content has been shortened.
Synonyms of Certificate
voucher, authentication, warrant, document, accreditation, verification, certification, licence, authorization, credentials, diploma, proof, testimonial, guarantee
Meanings of REC:
Synonyms of REC
amusement, refreshment, restoration, leisure, enjoyment, diversion, fun, pleasure, entertainment, distraction, relaxation