Renewable Energy Certificates
Energy Attribute Certificate for New Zealand generators and businesses.
Daily VWAP (Delivered)
$ 15.88 /GJ
▲ 10.8 %
17 Mar
12.71
18 Mar
12.66
19 Mar
14.44
20 Mar
15.55
21 Mar
12.85
22 Mar
13.18
23 Mar
14.53
24 Mar
14.67
25 Mar
15.09
26 Mar
14.52
27 Mar
14.51
28 Mar
14.52
29 Mar
14.34
30 Mar
15.88
FRMI - (Monthly Price Index)
$ 12.20 /GJ
▲ 0.71 %
17 Mar
10.53
18 Mar
10.64
19 Mar
10.59
20 Mar
10.67
21 Mar
10.69
22 Mar
10.76
23 Mar
10.95
24 Mar
11.17
25 Mar
11.46
26 Mar
11.63
27 Mar
11.86
28 Mar
12.01
29 Mar
12.11
30 Mar
12.20
FRQI - (Quarterly Price Index)
$ 9.35 /GJ
▲ 0.3 %
17 Mar
8.82
18 Mar
8.84
19 Mar
8.84
20 Mar
8.88
21 Mar
8.90
22 Mar
8.93
23 Mar
8.97
24 Mar
9.03
25 Mar
9.07
26 Mar
9.13
27 Mar
9.20
28 Mar
9.27
29 Mar
9.32
30 Mar
9.35
Daily Volume (Delivered)
5,200 GJ
▼ 68.83 %
17 Mar
13,690
18 Mar
9,880
19 Mar
3,680
20 Mar
4,850
21 Mar
10,360
22 Mar
11,025
23 Mar
9,750
24 Mar
11,180
25 Mar
7,950
26 Mar
13,710
27 Mar
21,450
28 Mar
21,030
29 Mar
16,685
30 Mar
5,200
BEN ➔ HAY
$ 4.11 /MW
▼ 17.64 %
Apr 26
4.11
May 26
1.59
Jun 26
1.90
Jul 26
10.08
Aug 26
7.68
Sep 26
3.92
Oct 26
3.78
Nov 26
2.92
Dec 26
5.60
Jan 27
6.01
Feb 27
32.90
Mar 27
16.27
Apr 27
6.53
May 27
7.35
Average Price
$ 154.22 /MWh
▼ 7.27 %
17 Mar
182.81
18 Mar
207.29
19 Mar
191.01
20 Mar
197.41
21 Mar
194.02
22 Mar
185.79
23 Mar
157.82
24 Mar
182.91
25 Mar
202.90
26 Mar
171.25
27 Mar
164.92
28 Mar
153.80
29 Mar
166.31
30 Mar
154.22
Average Price
$ 158.84 /MWh
▼ 5.5 %
17 Mar
196.29
18 Mar
224.22
19 Mar
201.19
20 Mar
206.10
21 Mar
196.47
22 Mar
186.40
23 Mar
165.43
24 Mar
190.14
25 Mar
210.34
26 Mar
185.88
27 Mar
173.08
28 Mar
157.61
29 Mar
168.08
30 Mar
158.84
Average Price
$ 152.66 /MWh
▼ 7.63 %
17 Mar
176.00
18 Mar
201.24
19 Mar
187.20
20 Mar
192.67
21 Mar
190.41
22 Mar
182.04
23 Mar
154.07
24 Mar
178.44
25 Mar
197.89
26 Mar
167.89
27 Mar
163.18
28 Mar
153.69
29 Mar
165.27
30 Mar
152.66
National Demand
213.6 GW
▲ 9.76 %
17 Mar
219.0
18 Mar
221.0
19 Mar
222.1
20 Mar
221.2
21 Mar
201.9
22 Mar
198.4
23 Mar
216.9
24 Mar
219.6
25 Mar
222.0
26 Mar
225.8
27 Mar
218.0
28 Mar
197.4
29 Mar
194.6
30 Mar
213.6
Daily Volume (Traded)
0 NZU
▼ 100.0 %
18 Mar
963
19 Mar
600
20 Mar
250
21 Mar
0
22 Mar
0
23 Mar
250
24 Mar
287
25 Mar
364
26 Mar
150
27 Mar
100
28 Mar
0
29 Mar
0
30 Mar
500
31 Mar
0
Daily VWAP (Traded)
$ 0.00 NZU
- 0 %
17 Mar
0.00
18 Mar
0.00
19 Mar
0.00
20 Mar
0.00
21 Mar
0.00
22 Mar
0.00
23 Mar
0.00
24 Mar
0.00
25 Mar
0.00
26 Mar
0.00
27 Mar
0.00
28 Mar
0.00
29 Mar
0.00
30 Mar
0.00
ECMI (Monthly Price Index)
$ 43.11 NZU
▼ 0.31 %
17 Mar
44.30
18 Mar
44.15
19 Mar
44.16
20 Mar
43.88
21 Mar
43.91
22 Mar
44.05
23 Mar
43.92
24 Mar
43.85
25 Mar
43.78
26 Mar
43.72
27 Mar
43.50
28 Mar
43.45
29 Mar
43.24
30 Mar
43.11
ECQI (Quarterly Price Index)
$ 39.57 NZU
▲ 0.02 %
17 Mar
39.39
18 Mar
39.48
19 Mar
39.49
20 Mar
39.50
21 Mar
39.50
22 Mar
39.50
23 Mar
39.52
24 Mar
39.53
25 Mar
39.53
26 Mar
39.54
27 Mar
39.56
28 Mar
39.56
29 Mar
39.56
30 Mar
39.57
71.39 gkWh
▼ 13.4 %
18 Mar
82.04
19 Mar
83.71
20 Mar
82.95
21 Mar
83.37
22 Mar
95.19
23 Mar
98.24
24 Mar
96.18
25 Mar
93.13
26 Mar
77.12
27 Mar
69.29
28 Mar
62.56
29 Mar
71.23
30 Mar
82.44
31 Mar
71.39
89.46 %
▲ 1.12 %
18 Mar
89.97
19 Mar
89.42
20 Mar
90.03
21 Mar
90.34
22 Mar
88.80
23 Mar
88.16
24 Mar
88.61
25 Mar
87.81
26 Mar
88.95
27 Mar
89.71
28 Mar
90.70
29 Mar
89.09
30 Mar
88.47
31 Mar
89.46
Daily VWAP (Delivered)
$ 15.88 /GJ
▲ 10.8 %
FRMI - (Monthly Price Index)
$ 12.20 /GJ
▲ 0.71 %
FRQI - (Quarterly Price Index)
$ 9.35 /GJ
▲ 0.3 %
Daily Volume (Delivered)
5,200 GJ
▼ 68.83 %
BEN ➔ HAY
$ 9.53 /MW
▼ 3.64 %
Average Price
$ 154.22 /MWh
▼ 7.27 %
Average Price
$ 158.84 /MWh
▼ 5.5 %
Average Price
$ 152.66 /MWh
▼ 7.63 %
National Demand
213.6 GW
▲ 9.76 %
Daily Volume (Traded)
0 NZU
▼ 100.0 %
Daily VWAP (Traded)
$ 0.00 NZU
- 0 %
ECMI (Monthly Price Index)
$ 43.11 NZU
▼ 0.31 %
ECQI (Quarterly Price Index)
$ 39.57 NZU
▲ 0.02 %
71.39 gkWh
▼ 13.4 %
89.46 %
▲ 1.12 %
17 Mar
12.71
18 Mar
12.66
19 Mar
14.44
20 Mar
15.55
21 Mar
12.85
22 Mar
13.18
23 Mar
14.53
24 Mar
14.67
25 Mar
15.09
26 Mar
14.52
27 Mar
14.51
28 Mar
14.52
29 Mar
14.34
30 Mar
15.88
17 Mar
10.53
18 Mar
10.64
19 Mar
10.59
20 Mar
10.67
21 Mar
10.69
22 Mar
10.76
23 Mar
10.95
24 Mar
11.17
25 Mar
11.46
26 Mar
11.63
27 Mar
11.86
28 Mar
12.01
29 Mar
12.11
30 Mar
12.20
17 Mar
8.82
18 Mar
8.84
19 Mar
8.84
20 Mar
8.88
21 Mar
8.90
22 Mar
8.93
23 Mar
8.97
24 Mar
9.03
25 Mar
9.07
26 Mar
9.13
27 Mar
9.20
28 Mar
9.27
29 Mar
9.32
30 Mar
9.35
17 Mar
13,690
18 Mar
9,880
19 Mar
3,680
20 Mar
4,850
21 Mar
10,360
22 Mar
11,025
23 Mar
9,750
24 Mar
11,180
25 Mar
7,950
26 Mar
13,710
27 Mar
21,450
28 Mar
21,030
29 Mar
16,685
30 Mar
5,200
Apr 26
4.11
May 26
1.59
Jun 26
1.90
Jul 26
10.08
Aug 26
7.68
Sep 26
3.92
Oct 26
3.78
Nov 26
2.92
Dec 26
5.60
Jan 27
6.01
Feb 27
32.90
Mar 27
16.27
Apr 27
6.53
May 27
7.35
17 Mar
182.81
18 Mar
207.29
19 Mar
191.01
20 Mar
197.41
21 Mar
194.02
22 Mar
185.79
23 Mar
157.82
24 Mar
182.91
25 Mar
202.90
26 Mar
171.25
27 Mar
164.92
28 Mar
153.80
29 Mar
166.31
30 Mar
154.22
17 Mar
196.29
18 Mar
224.22
19 Mar
201.19
20 Mar
206.10
21 Mar
196.47
22 Mar
186.40
23 Mar
165.43
24 Mar
190.14
25 Mar
210.34
26 Mar
185.88
27 Mar
173.08
28 Mar
157.61
29 Mar
168.08
30 Mar
158.84
17 Mar
176.00
18 Mar
201.24
19 Mar
187.20
20 Mar
192.67
21 Mar
190.41
22 Mar
182.04
23 Mar
154.07
24 Mar
178.44
25 Mar
197.89
26 Mar
167.89
27 Mar
163.18
28 Mar
153.69
29 Mar
165.27
30 Mar
152.66
17 Mar
219.0
18 Mar
221.0
19 Mar
222.1
20 Mar
221.2
21 Mar
201.9
22 Mar
198.4
23 Mar
216.9
24 Mar
219.6
25 Mar
222.0
26 Mar
225.8
27 Mar
218.0
28 Mar
197.4
29 Mar
194.6
30 Mar
213.6
18 Mar
963
19 Mar
600
20 Mar
250
21 Mar
0
22 Mar
0
23 Mar
250
24 Mar
287
25 Mar
364
26 Mar
150
27 Mar
100
28 Mar
0
29 Mar
0
30 Mar
500
31 Mar
0
17 Mar
0.00
18 Mar
0.00
19 Mar
0.00
20 Mar
0.00
21 Mar
0.00
22 Mar
0.00
23 Mar
0.00
24 Mar
0.00
25 Mar
0.00
26 Mar
0.00
27 Mar
0.00
28 Mar
0.00
29 Mar
0.00
30 Mar
0.00
17 Mar
44.30
18 Mar
44.15
19 Mar
44.16
20 Mar
43.88
21 Mar
43.91
22 Mar
44.05
23 Mar
43.92
24 Mar
43.85
25 Mar
43.78
26 Mar
43.72
27 Mar
43.50
28 Mar
43.45
29 Mar
43.24
30 Mar
43.11
17 Mar
39.39
18 Mar
39.48
19 Mar
39.49
20 Mar
39.50
21 Mar
39.50
22 Mar
39.50
23 Mar
39.52
24 Mar
39.53
25 Mar
39.53
26 Mar
39.54
27 Mar
39.56
28 Mar
39.56
29 Mar
39.56
30 Mar
39.57
18 Mar
82.04
19 Mar
83.71
20 Mar
82.95
21 Mar
83.37
22 Mar
95.19
23 Mar
98.24
24 Mar
96.18
25 Mar
93.13
26 Mar
77.12
27 Mar
69.29
28 Mar
62.56
29 Mar
71.23
30 Mar
82.44
31 Mar
71.39
18 Mar
89.97
19 Mar
89.42
20 Mar
90.03
21 Mar
90.34
22 Mar
88.80
23 Mar
88.16
24 Mar
88.61
25 Mar
87.81
26 Mar
88.95
27 Mar
89.71
28 Mar
90.70
29 Mar
89.09
30 Mar
88.47
31 Mar
89.46
Energy Market Services (EMS) has been appointed as New Zealand's I-REC(E) Issuer by the International Tracking Standard Foundation (I-Track).
A market-based method for emissions reporting
Businesses and government agencies are increasingly wanting to demonstrate that the electricity they use is from renewable sources, in line with international trends.
I-RECs are a form of Energy Attribute Certificate that businesses can use in their Scope 2 emissions reporting under Greenhouse Gas Protocol 2 (GHGP2). The system is governed by the International Tracking Standard Foundation (I-TRACK Standard).
I-RECs work by verifying the output and attributes of each megawatt hour (MWh) generated from renewable sources such as wind, solar, hydro, and geothermal. Renewable generators in New Zealand will be able to request that EMS issue them an I-REC matching the amount of renewable energy they produce, with one certificate equal to one megawatt-hour.
Utilising existing skills and services
Utilising our well-established grid metering service, we are able to authenticate the volume of energy produced at registered generation sites and then issue certificates upon request.
News
New Zealand I-REC(E) Customer Onboarding Pack
New Zealand I-REC(E) Customer Onboarding Pack
The International REC Standard Foundation becomes the International Tracking Standard Foundation
I-REC becomes International Tracking Standard Foundation
New Zealand I-REC(E) Facility Onboarding Pack
New Zealand I-REC(E) Facility Onboarding Pack