Press release
Renewable Energy Certificate System (RECS) Market Growth Must Triple Due to Technology innovation during 2021-2028
The renewable energy certificate system (RECS) is a procedure for international trade in renewable energy certificates that was created by RECS International to promote the development of renewable energy.Moreover, in this procedure, a standard energy certificate is provided to evidence the production of an amount of renewable energy produced, thus promoting the further development of new renewable energy. A RECS energy certificate is generated for every 1 megawatt-hour (MWh) of renewable energy produced. In addition, this energy has to be registered with the relevant national issuing body. These certificates are even transferred between countries, and are further utilized to provide evidence of the consumption of renewable energy by a particular country.
This report projects the trends and opportunities of the global renewable energy certificates market. This research study includes a qualitative and quantitative analysis with comprehensive research methodologies and reliable projections to understand the present overview and predict the market behavior during the forecast period.
Download Sample PDF Pages: https://www.alliedmarketresearch.com/request-sample/2255
The market has witnessed significant demand owing to the rise in level of renewable purchase obligation (RPO) target, which provides a target share of renewables in the total electricity produced. This is further driven by the broad policy goals of the nation (emission reduction, energy security, and job creation) as well as the potential for development in a particular country. Moreover, the deployment of RPO targets around the world further boosts the market growth. However, growth in issues related to lack of financial aid for REC dependent renewable energy projects is expected to hinder the market growth.
The global renewable energy certificates market is bifurcated based on end-user and geography. On the basis of end-user, it is segmented into solar electric, wind, geothermal, hydropower, biomass, and others (biofuels and fuel cells). Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Request for Customization @ https://www.alliedmarketresearch.com/request-for-customization/2255
Key market players in this sector include Central Electricity Regulatory Commission (CERC), Environment Protection Agency (EPA), Environmental Tracking Network of North America (ETNNA), General Services Administration (GSA), Western Area Power Administration (WAPA), U.S. Environmental Protection Agency (USEPA), and Defense Logistics Agency Energy (DLA Energy).
Key Benefits for Stakeholders
• This report provides a quantitative analysis of the current trends, estimations, and dynamics through 2017-2023, which assists to identify the prevailing market opportunities.
• Major countries in each region are detailed as per key trends, developments, and presence of industry players in the market.
• Region-wise and country-wise market conditions are comprehensively analyzed in the report.
• Key players of the renewable energy certificates market are also listed.
• This study evaluates the value chain to understand the competitive environment across geographies.
• An in-depth analysis of segmentation is provided to elucidate the prevailing market opportunities.
Contact us:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Follow us on: https://www.linkedin.com/company/allied-market-research
About us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Renewable Energy Certificate System (RECS) Market Growth Must Triple Due to Technology innovation during 2021-2028 here
News-ID: 2271465 • Views: …
More Releases from Allied Analytics LLP
Heat Meters Market Set to Grow with Rising Demand for Energy Efficiency
According to a new report published by Allied Market Research, the heat meters market size was valued at $1.6 billion in 2022, and is estimated to reach $2.7 billion by 2032, growing at a CAGR of 5.4% from 2023 to 2032.
A heat meter is a device used to measure and quantify the amount of thermal energy (heat) transferred from a heat source to a system or consumer. It accurately measures…
Heat Pump Market Set for Strong Growth Through 2032
According to a new report published by Allied Market Research, the heat pump market size was valued at $71.2 billion in 2022, and is estimated to reach $201.5 billion by 2032, growing at a CAGR of 11.1% from 2023 to 2032.
A heat pump is a versatile and efficient device that transfers heat from one location to another using a refrigeration cycle. It operates by absorbing heat from a low-temperature source…
Energy Efficient Lighting Market Shines Bright with Strong Growth Outlook
According to a new report published by Allied Market Research, the global energy efficient lighting market was valued at $46.2 billion in 2021 and is projected to reach $93.3 billion by 2030, growing at a robust CAGR of 8.1% from 2022 to 2030. This surge reflects a powerful global movement toward greener, smarter, and more cost-effective lighting technologies.
Energy efficient lighting refers to lighting systems and products that use less electricity…
The Future of Energy: How Fuel Cells Are Reshaping Power Generation
According to a new report published by Allied Market Research, titled, "Fuel Cell Market," The fuel cell market size was valued at $3.6 billion in 2020, and is estimated to reach $32.0 billion by 2030, growing at a CAGR of 19.4% from 2021 to 2030.
The fuel cell market has emerged as a transformative force in the global energy landscape, offering a clean, efficient, and sustainable alternative to conventional energy sources.…
More Releases for REC
Renewable Energy Certificate (REC) Market Skyrockets from $14.12B in 2024 to $11 …
The Renewable Energy Certificate (REC) market is experiencing explosive growth, climbing from US$ 14.12 billion in 2024 to a projected US$ 112.70 billion by 2032, an astonishing 26.32% CAGR between 2025 and 2032.
👉 Download our latest market insights: https://www.datamintelligence.com/download-sample/renewable-energy-certificate-market?ophp
RECs serve as tradeable instruments often called green tags each representing one megawatt-hour of renewable energy generated. Their appeal lies in offering a flexible, transparent method for businesses and governments to demonstrate…
Parks & Recreation Management Software Market Next Big Thing | Major Giants Daxk …
The Latest research study released by Ample Market Research “Global Parks & Recreation Management Software Market” with 100+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint and status. Understanding the segments helps in identifying the importance of different factors that aid the market growth. Some of the Major Companies…
REC Awards 2021: Five Nominations for HRS
This year's REC Awards will take place in London on Thursday 25 November 2021. The shortlist was announced this month, and as always, the event promises to be a spectacular celebration of the UK recruitment industry's best and brightest.
Hyper Recruitment Solutions, the life science recruitment company founded by former BBC Apprentice winner Ricky Martin and his business partner Lord Sugar, received five nominations across four different award categories...
BEST COMPANY TO…
Global Solar PV Market 2018 -Hanwha, Sharp, First Solar, Kyocera Solar, SunPower …
The study which offers insights of in-depth research on Global Solar PV Market delivers the future prospects of the market, emerging trends and delivers the methodical outlook of the industry by considering features such as Solar PV market growth, consumption volume, market trends and industry cost structure during the forecast period 2018-2025.The study provides a Solar PV market Segmentation it in terms of Region, Type and Application. These segments are…
Award Winning Rec 2 Rec Company Launch Their New Social Media Campaign To Help R …
In 2013 business is about engagement and adding value to clients and customers. One such company, in the recruitment sector is doing just that. GSR2R is an award winning recruitment to recruitment agency based in Soho London who pride themselves ion adding value to the clients they serve and recruiters they place by giving them tips and ideas about being successful in recruitment while at the same time sharing their…
GSR2R Award Winning Rec to Rec Company Launch Their New Website
A recent Sunday Times Survey highlighted that one of the fastest growing business sectors in the UK is the recruitment market. Twenty six recruitment companies made it into the top 100 growing organisations. As a result many recruitment business owners are looking for new and experienced recruiters online. One company that provides a service in this area are GSR2R a London based Rec to Rec company. To help provide the…
