Renewable Energy Certificates Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2023

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REPORT DESCRIPTION
Renewable energy certificates (REC), are used in international trade of renewable energy for stimulating
development in renewable energy sector. REC are also known by other name such as green certificates, renewable
certificates, green tags, and tradable renewable certificates. These certificates are traded in the international
market. The basic aim behind these certificates is to promote development of renewable energy sources and thus
enabling the market creation for renewable energy. As soon as the electricity provider has fed electricity into the
grid, they get a renewable energy certificate that can be sold in international market as a tradable commodity. This
certificate is an evidence that 1 megawatt-hour of power was generated from a renewable energy source.
Complete Report Renewable Energy Certificates Market with TOC :
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Production of green energy or renewable energy costs more and these energy certificates provides an additional
income to the energy providers. An equivalent numbers of REC’s is produced for every unit of electricity generated.
These certificates helps to replace fossil fuel based power generation in places where renewable electricity
generator is located. Purchase of renewable certificates offsets conventional energy generation and the buyer
receives a separate electricity bill for the utility.
Renewable energy creates electricity that is delivered through vast network of transmission wires. These
transmission wires or grid is segmented into regional power pools and many times they are not properly inter
connected. For the sale of renewable electricity a system or body was created which separates renewable electricity
generation into two parts mainly the electricity produced by renewable energy and renewable attributes of that
electricity generation. These attributes are sold as REC’s in the international market. No certificates would be
granted for the electricity part of the split as it no longer considered renewable or green energy. Several
environmental organizations claims that there is no ecological benefits by the certification method currently used as
the demand for certificates does not exceed the overall supply of renewable electricity. International drivers for
REC’s are global warming issues related to burning of fossil fuels.
Renewable energy certificates are categorized on the types of renewable energy produced like solar energy,
biomass energy, wind energy, hydroelectric energy, geothermal energy and the certificate marketers worldwide.
Various tax benefits and rebates are provided for renewable energy based power generation.
Developing economies such as Asia and Africa has huge requirements for electricity due to rapid industrialization
and population growth. Various infrastructure development activities requires power as a basic need and these
certificates can minimize the gap through the use of green energy sources. China is the leader in renewable energy
investments followed by U.S. Denmark and UK is deriving its major power requirements through wing energy.
Renewable energy is the biggest contributor to Germany’s electricity supply. Scotland and Ireland is also focusing on
green energy electricity generation. Developed economies are favoring green energy to minimize carbon footprints
and global warming issues. Asia and Africa is the biggest market to trade REC’s for their massive power
requirements.
List of marketers involved in renewable energy certificates such as 3Degrees, 3 Phases Renewables, Arcadia Power,
Carbon Solutions Group, Community Energy, NuPath Energy, Santee Cooper, Sky Energy, Inc., EDP Renewables,
Mass Energy Consumers Alliance, Renewable Choice Energy, Bonneville Environmental Foundation, REpowerNow,
North American Power, GP Renewables & Trading LLC, Windcurrent and others.
This research report analyzes this market on the basis of its market segments, major geographies, and
current market trends. Geographies analyzed under this research report include
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North America
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Asia Pacific
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Europe
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Middle East and Africa
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Latin America
This report provides comprehensive analysis of
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Market growth drivers
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Factors limiting market growth
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Current market trends
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Market structure
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Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides
market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five
force model analysis and detailed profiles of top industry players. The report also includes a review of micro and
macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics
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It provides a forward looking perspective on different factors driving or restraining market growth
•
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
•
It helps in understanding the key product segments and their future
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It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
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It helps in making informed business decisions by having complete insights of market and by making indepth analysis of market segments
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It provides distinctive graphics and exemplified SWOT analysis of major market segments
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Complete Report Renewable Energy Certificates Market with TOC :
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The global market for renewable energy certificates (REC) is likely to witness a robust rise in the coming years, states a report by Transparency Market Research (TMR). The study is titled, “Renewable Energy Certificates Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2023.” It states that the demand for renewable energy certificates is expected to increase owing to global warming issues related to the burning of fossil fuels. These certificates are used in international trade for pushing the development of the renewable energy sector. The production cost of renewable or green energy is more and renewable energy certificates provide an additional income to energy providers, thus driving their demand. Interpret a Competitive outlook Analysis Report with PDF Brochure : http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=9362