Oakley Greenwood has been accredited by the I-REC Standard Foundation to be the Issuer for I-RECs for electricity (I-REC(E)) in Australia. An Issuer is responsible for verifying and approving the registration of production devices and requests for certificates for their output.
The International REC Standard Foundation (I-REC Standard) is a non-profit organisation that has developed and published robust standards for developing attribute tracking systems. The I-REC Standard is acknowledged by major reporting frameworks such as the Greenhouse Gas Protocol (GHGP), Carbon Disclosure Project (CDP), and 100% Renewable Electricity (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.
The global I-REC registry, operated by Evident, provides a fully auditable chain of custody record to support the trading of energy attribute certificates and uniquely verifiable claims of ownership by the end-users to provide the single source of truth for the I-REC certificates.
Further information about the I-REC Standard is available on their website: www.irecstandard.org
Registry information and guidelines are available at: evident.global
Key application and registration forms are available at: gcc.re
Organisations interested in becoming Registrants or Participants of the I-REC process in Australia will be required to sign a standard contract with Oakley Greenwood available at: Standard Issuer Agreement
The fees for our services are available at: Fee Schedule
As an independent issuer, Oakley Greenwood is not involved with the trade or redemption of I-REC(E) certificates. Organisations can find the contact details of people that provide this service on the participants contact list.
Oakley Greenwood can provide further information on the process, forms and required documentation. Feel free to contact us with any questions you might have.