Registrants act on the producer side, and can be the generator or an agent of the generator. A Registrant does not have to be the device owner. However, Registrants must have the exclusive right to trade the renewable energy attribute. Registrants are the only parties that can register a production device with the local Issuer and request the issuance of I-RECs.
You can find out more about the role of Registrants at: https://www.irecstandard.org/registrants/#/
Participants are market players and hold accounts on the Evident Registry. Participants can transfer I-RECs to other Participants and redeem them on behalf of consumers. They can also trade certificates from their primary account to the primary account of another market player.
You can find out more about the role of Participants at: https://www.irecstandard.org/participants/#/
Yes, an organisation can register as both a Registrant and Participant.
You need to submit the following information with your application:
No. The I-REC market operates on a non-discriminatory basis so that all Registrants and Participants engage on equal terms.
Full details of the fees for Registrants and Participants are shown in the Fee Structure document which is available at: https://www.gcc.re/.
No. Market Players require a robust Energy Attribute Certificate (EAC) system that adheres to international best practices to enable them to make trustworthy energy claims. These instruments are provided by Market Facilitators, who are in return dependent on the use of these instruments to continue their facilitation of the market. The International REC Standard Foundation provides a level playing field for all Market Players and guarantees a fair and competitive market. This means that all Participants and Registrants pay the same fees for the same services.
Further information on the fees is available at https://www.gcc.re/.
No. You can engage with a specialist origination company that is an existing Participant if you wish. Alternatively, you can become a Participant and buy direct from the market.
You will need to submit the following documents direct to the Evident Registry*:
*Please note that for devices in the following countries we will also require the following:
Please note that we are unable to register devices located in the Philippines if they were commissioned from 2009 onwards.
A comprehensive guide on how to upload the Device Registration Form and supporting documents to the Registry can be found on pages 4 -12 of the Registry User Guide for Registrants which is available at: https://evident.services/support/registry.
You will be asked to enter both the co-ordinates of the device and the address of the device on the Evident Registry. The address must be the address of the device (e.g. the address of the wind farm, solar plant, hydropower plant, etc) and not the office address of the device owner.
No, in order for a device to be registered we will need the exact co-ordinates of the device. The co-ordinates should be the co-ordinates of the device and not the co-ordinates for the office address of the device owner. If you are registering a wind farm we will also require a spreadsheet containing the co-ordinates for each turbine.
The first day of eligible production can be up to 12 months prior to the issuer receiving the device registration documentation. However, this period may be restricted by the issuing window which typically closes for the previous production years on 15 May. However, please note that for the last 2 years the issuing window has been extended as a result of the Covid-19 pandemic and the issuing window for 2021 production will be reviewed during 2022.
Yes, when registering a wind farm we require a spreadsheet containing the co-ordinates for each turbine within the wind-farm to be uploaded with the supporting documents.
You can find full details of the fees for device registrations on page 3 of the 2021 Fee Structure which is available at: https://www.gcc.re/.
You will be invoiced approximately one month after your device has been registered.
Devices are registered for an initial period of 5 years. At the end of the 5 year period we will contact you to provide you with the opportunity to renew the device for a further 5 years. Further details of the process and costs involved will be outlined in an email to you at that time.
Full details of how to submit an Issue Request to the Evident Registry are detailed in pages 13-17 of the Registry User Guide for Registrants which is available at https://evident.app.
You will need to upload the following documents to the Evident Registry:
*Please note for Issue Requests covering multiple months it is recommended that you also upload a spreadsheet showing each month’s total production and the total for the issuing period.
No. An I-REC is a statement of a historic fact and is issued against proof of generation from a specific source at a specific time. A future delivery cannot be guaranteed by any Issuer.
No, the Evident Registry will only allow you to use a date range once. So, for example, if you had eligible production of 15000MWh for 1 May 2021 – 31 July 2021 but you only wanted to claim 60%, you could submit an issue request for 9000MWh, dated 1 May 2021 to 25 June 2021. You would then have the option to claim the remaining 6000MWh using the date range 26 June 2021 – 31 July 2021.
No, but please be aware that if you submit an Issuing Request which is dated for a full month, but you only want to claim for half of the month you will not be able to claim the balance at a later date. For example, if you had eligible production of 1000.00 MWh for 1 May 2021 – 31 May 2021 but you only wanted to claim 600MW, you could submit an issue request for 1 May 2021 to 19 May 2021. You would then have the option to claim the remaining 400MWh using the date range 20 May 2021 - 31 May 2021.
It is not possible for you to retain the right to obtain emissions reduction certificates or carbon offsets as well as claim I-RECs for the energy nominated in an Issue Request. An I-REC is a factual statement of an electricity production event. Such events may also contribute to a reduction in global emissions against a business-as-usual case. An I-REC cannot be Issued without inclusion of any avoided emissions, carbon offsets or similar market instrument that might be available to the registrant or device owner. When submitting an Issue Request for an I-REC, you must confirm that you hold the right to any such avoided emissions, carbon offsets or similar market instruments and irrevocably assign such rights within each issued I-REC. Each I-REC will carry an identifier throughout its life that it includes the right to any such avoided emissions, carbon offsets or similar market instruments, which will be visible to I-REC Participants.
No, we ask that you do not submit Issuing Requests that cross year ends.
Yes, you can claim up to 3 decimal places. However, the Evident Registry only issues I-RECs for a full MWh, but it will store any fractions of a MWh and will then automatically allocate any decimals once a full MWh has been reached.
*Please note this only applies to the same device and decimals of MWh from different devices can not be combined.
For production between 1 January and 30 June the complete Issue Requests must be submitted by 31 May of the following year.
For production between 1 July and 31 December the complete Issue Requests must be submitted by 30 September of the following year.
We cannot accept Issue Requests after these deadlines.
No, once you have issued your I-RECS and they have been credited to your account there is no timescale on when they must be sold by. However, in line with many organisations, we encourage best practice that I-RECs be allocated to redemption periods similar to the produciton period.
Step by step instructions on how to redeem I-RECs can be found in pages 19-25 of the Participant User Guide which you can access here at: https://evident.services/support/registry.
Please note that the redemption of an I-REC marks the end of its transferrable lifecycle. Once redeemed, an I-REC can no longer be traded therefore please check the details carefully when making redemption requests as the process is irreversible.
Step by step instructions on how to generate a redemption statement can be found in pages 26-30 of the Participant User Guide which you can access here at: https://evident.services/support/registry.
Please note that once requested it is not possible to reverse the process.
No, it is not possible for Participants to reverse the process and so we recommend that you check the details at all stages of the process. The Evident Registry also provides warning messages throughout the redemption process, for example you will see the following message at the approval stage: Warning: This process cannot be undone so please check the details carefully before continuing.
You may choose any dates, for example it is possible to report from 1 December 2021 to 31 December 2022. However, it is up to the Beneficiary and any organisation which they may report to determine which certificates may be acceptable for any given time period.
No, once created, (i.e. by selecting ‘Submit’ on the ‘Add new Beneficiary’ screen of the Evident registry it cannot be modified. If a Beneficiary is no longer required, it should be marked as Inactive. Further details on how to add beneficiaries of mark them as inactive can be found in page 16-18 of the Participant User Guide which you can access here at: https://evident.services/support/registry.
No, you do not need to add the country to the Location field as the country should be selected from the ‘Country’ drop down box. The Location field should contain the building number, street name, city/town or state and the zip/postal code.