REC THAILAND
Empowering the Green Energy Transition with
Reliable Renewable Energy Certificates.
REC Thailand is your Trusted Trading Partner for Green Electricity, Empowering Energy Purchasers and Supporting Renewable Energy Production in Thailand.
About Us
REC Thailand, a service brand under GMS Solar, is a trusted broker, trader, and aggregator of Renewable Energy Certificates (RECs) in Thailand.
Our mission
To facilitate the smooth transition into green energy future by matching REC demand and supply in Thailand.
Our Service
As the leading REC provider in Thailand, REC Thailand offers comprehensive services including REC
Registration, Issuance, and Redemption.
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Registration
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Issuance
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Redemption
Our team specialises in sourcing and delivering high-quality RECs tailored to your specific requirements. With our expertise in both IREC and TIGR, we provide comprehensive REC solutions. Whether you are a corporate aiming to reduce Scope 2 emissions or a renewable energy asset owner seeking buyers, we have the expertise to meet your needs.
Registries available:
International REC standard (IREC)
Tradable Instruments for Global Renewable (TIGR)
Certified by I-REC Standard, Locally Verified by EGAT
Accredated by: GHG Protocol, RE100, CDP
RECs Services
As the leading REC provider in Thailand, REC Thailand offers comprehensive services including REC Registration, Issuance, and Redemption. Whether you are a corporate aiming to reduce Scope 2 emissions or a renewable energy asset owner seeking buyers, we have the expertise to meet your needs.
High-quality RECs:
Internationally accepted by Greenhouse Gas Protocol, CDP, RE100, SBTi, ISO
Technologies available:
Comprehensive range of REC technologies, encompassing solar, wind, biomass, and hydropower.
Registry available:
Both IREC and TIGR available
Flexible contracts:
Both Spot contract, and Future contract available
Technologies available
Solar
Wind
Biomass
Hydropower
Corporate Solutions
“ We procure Renewable Energy Certificates (RECs) and handle the redemption process on your behalf. ”
At REC Thailand, we understand the importance of reducing environmental impact. Our services empower corporates to integrate renewable energy into their sustainability strategies. We source high quality RECs that align with your emission reduction goals and facilitate the redemption process on your behalf. Trust us to help you make a meaningful contribution to the environment.
Asset Owners
“ We register your production device and find REC buyers on your behalf. ”
If you own a renewable energy production device, REC Thailand is your partner in maximizing returns. We handle the registration process, showcasing your green energy output and connecting you with potential buyers. With our extensive network and expertise, we ensure your investment yields optimal results.
About REC
Introducing Renewable Energy Certificates (RECs)
RECs are market-based instruments that represent the environmental attributes of renewable energy generation. They provide a way for corporates to support and claim the benefits of renewable energy without physically installing renewable energy systems on-site.
Why Buy RECs
RECs allows you to offset your carbon emissions.
Corporates have growing sustainability goals, carbon reduction targets, and stakeholder expectations to meet. Purchasing RECs allows you to offset your carbon emissions, demonstrate their commitment to renewable energy, comply with regulations, and enhance their brand image as environmentally responsible entities.
How REC Thailand Can Help
REC Thailand specialises in matching REC demand and supply, ensuring seamless transactions, and accelerating the reliable green energy transition.
Our comprehensive services include REC registration, issuance, and redemption. Whether corporates need to source RECs to reduce emissions or renewable energy asset owners require assistance in registration and finding potential buyers, REC Thailand provides tailored solutions.
Show that your energy is
Clean and Sustainable with
EKOenergy is an awarded and internationally recognized nonprofit ecolabel for renewable energy.
As an authorized EKOenergy provider, GMS Solar can supply you with EKOenergy-labelled I-RECs, or help you get the EKOenergy label for megawatt-hours that you source via a PPA or that you produce on-site. The EKOenergy label is a tool to realize multiple Sustainable Development Goals.
We are the first authorized
EKOenergy seller in Thailand
Recommend by
By choosing EKOenergy, energy consumers create an additional positive impact and help speed up the international energy transition. The label is recommended by standards such as the Greenhouse Gas Protocol and organizations such as CDP and the RE100. Well-know EKOenergy users include Microsoft, SAP, and Hilti, among others.”
Why choose REC THAILAND
Choose REC Thailand for our dedicated focus on REC trading, with in the Thai market ensuring exceotional expetise and servioce.
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Over 2 decades of experience in the Thai Energy Industry as a group.
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Our RECs are RE100 and SBTi compliant.
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Flexible contracts; both spot, and future contracts.
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Our primary focus lies in REC trading, ensuring that you obtain the most competitive prices available.
Credibility
Our Renewable Energy Certificate are internationally accepted by the following standards;
Greenhouse Gas Protocol (GHGP)
Carbon Disclosure Project (CDP)
RE100
Science Based Target Initiative (SBTi)
ISO
FAQ Renewable Energy Certificates
- Renewable Energy Certificates (RECs) are market-based instruments that represent the “green attributes” of renewable energy generation. They are used to track and document the production and consumption of renewable energy.
. - When renewable energy is generated, it is fed into the electricity grid and mixes with electricity from various sources, including fossil fuels. RECs are created to ensure that the environmental benefits of renewable energy are properly accounted for and can be claimed by the entities that support and use renewable energy.
- The International REC Standard Foundation (I-REC Standard) is a non-profit organization that provides a robust standard for developing attribute tracking systems. The I-REC is based in the Netherlands.
- The I-REC Standard is acknowledged by major reporting frameworks such as the Greenhouse Gas Protocol (GHGP), CDP, and RE100 as a reliable backbone for credible and auditable tracking instruments. It ensures the highest quality systems and adherence to best practices designed to avoid double counting, double certificate issuance, and double attribute claims.
- Economic and Financial benefit by purchasing REC, you directly support the Renewable Assets provider – sending economic signal in the market for higher demand for Renewable Energy.
- Scalability and flexibiity REC is scalable and can be purchased exactly according to your needs each year. It could be purchased at the end of the year (spot market), purchased in advanced (forward contract), or purchased monthly (spot market).
- Option of technologies technology of preference can be chosen based on your company strategy from; Solar, Wind, Hydropower, and Biomass.
- REC issuance – REC issuance is the process of transferring 1MWh of renewable electricity into 1 REC. In Thailand, this is being governed by EGAT, whose verify the generation of the electricity, ensure there is no double counting, and comply to the I-REC standard.
- REC trading – Upon successful purchase, the ownership of these RECs is transferred to their new legal owner – the buyer. REC Thailand, under GMS Solar facilitates the trade and ensure the buyer receives their preferred vintage, technology at an agreed price.
- REC redemption – REC Thailand, under GMS Solar facilitates redemption to the ‘beneficiary’ through our brokerage system. The claim of renewable energy use may be made without the need to physically consume it.
- In the context of claiming 100% solar energy use, a property owner with suitable land/rooftop space for the installation and direct ownership of a solar photovoltaic system that generates sufficient electricity for the premise can choose this option.
- Where space is unavailable or direct capital expenditure is not preferred, power purchase agreements with renewable energy developers can be explored, where the claim of renewable energy use may be validated through the RECs issued from respective project(s).
- The third option for claiming the consumption of renewable energy is through the purchase and redemption of standalone RECs to cover the volume of electricity consumed. This option allows for the setting of specific criteria pertaining to the nature and origin of RECs desired.
- Albeit through different mechanisms, all three options serve the same purpose of allowing the claim of renewable energy consumption.
- Renewable Energy Certificates (RECs) and carbon credits are distinct but related concepts in the realm of environmental sustainability:
- Renewable Energy Certificates (RECs): RECs are market-based instruments that represent the environmental attributes of renewable energy generation. They are typically associated with the production of one megawatt-hour (MWh) of electricity from a renewable energy source. RECs serve as proof that renewable energy has been generated and can be used by individuals or organizations to claim the environmental benefits of supporting clean energy.
- Carbon Credits: Carbon credits, on the other hand, are a type of tradable permit or certificate that represents the reduction or removal of greenhouse gas (GHG) emissions. They are typically associated with projects or activities that contribute to carbon dioxide (CO2) emissions reductions or removals, such as renewable energy projects, energy efficiency initiatives, or forest conservation efforts. Carbon credits are used to offset or compensate for the emissions produced by individuals, organizations, or events by investing in projects that reduce or remove an equivalent amount of CO2 from the atmosphere.
- In summary, while RECs focus on tracking and verifying renewable energy generation, carbon credits are concerned with quantifying and offsetting GHG emissions. Both RECs and carbon credits play important roles in promoting environmental sustainability and supporting the transition to a low-carbon economy, but they address different aspects of the overall sustainability framework
Contact Us
Take the first step towards a greener future with REC Thailand. Our team is ready to assist you in understanding the benefits of Renewable Energy Certificates (RECs) and their implementation for your organization.
