The Singapore Standard on Code of Practice for Renewable Energy Certificates (SS 673: 2021) was launched on October 26, 2021.

This standard covers the following:

a) Eligible types of renewable energy sources;

b) Roles of stakeholders in the Renewable Energy Certificates (REC) ecosystem;

c) REC procurement models;

d) Registration of renewable energy installations;

e) Management of RECs;

f) Verification of renewable energy installations and renewable energy generation;

g) Public reports on installations, issuance and retirement of RECs from REC registries; and

h) Recommendations on the use of RECs and claims on environmental attributes.

It is expected that the clear framework of measurement, reporting and verification (MRV) requirements set out in this standard will enable the renewable energy industry to access various reliable sources of electricity for RECs trading.

Source:

https://www.singaporestandardseshop.sg/Product/SSPdtDetail/2776b383-c3c4-4eda-a65a-72e22b492092

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