renewable energy credits
Renewable energy credits (RECs) are financial instruments that represent the environmental benefits of generating electricity from renewable energy sources. They allow individuals or organizations to support and claim the clean energy attributes of renewable power, even if they do not consume it directly, by purchasing credits equivalent to a specific amount of clean energy generation.
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Similar Concepts
- renewable energy
- renewable energy certificates (recs)
- renewable energy development
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- renewable energy incentives
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- renewable energy subsidies
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