Renewable Energy Certificates
Energy Attribute Certificate for New Zealand generators and businesses.

Daily VWAP (Delivered)
$ 15.96 /GJ
▲ 37.98 %
29 Aug
16.23
30 Aug
14.86
31 Aug
13.75
01 Sep
18.15
02 Sep
16.42
03 Sep
18.91
04 Sep
21.61
05 Sep
17.90
06 Sep
20.21
07 Sep
18.42
08 Sep
13.43
09 Sep
10.52
10 Sep
11.57
11 Sep
15.96
FRMI - (Monthly Price Index)
$ 19.96 /GJ
▼ 0.57 %
29 Aug
19.54
30 Aug
19.55
31 Aug
19.74
01 Sep
20.05
02 Sep
20.13
03 Sep
20.23
04 Sep
20.44
05 Sep
20.60
06 Sep
20.82
07 Sep
20.89
08 Sep
20.87
09 Sep
20.41
10 Sep
20.07
11 Sep
19.96
FRQI - (Quarterly Price Index)
$ 16.47 /GJ
▼ 0.24 %
29 Aug
16.76
30 Aug
16.77
31 Aug
16.77
01 Sep
16.79
02 Sep
16.78
03 Sep
16.81
04 Sep
16.83
05 Sep
16.82
06 Sep
16.81
07 Sep
16.81
08 Sep
16.76
09 Sep
16.62
10 Sep
16.51
11 Sep
16.47
Daily Volume (Delivered)
22,700 GJ
▼ 13.19 %
29 Aug
18,750
30 Aug
13,110
31 Aug
17,250
01 Sep
15,110
02 Sep
16,450
03 Sep
17,950
04 Sep
16,570
05 Sep
13,650
06 Sep
15,358
07 Sep
17,000
08 Sep
17,480
09 Sep
32,900
10 Sep
26,150
11 Sep
22,700
BEN ➔ HAY
$ 5.00 /MW
▼ 16.67 %
Oct 25
5.00
Nov 25
4.29
Dec 25
4.00
Jan 26
4.86
Feb 26
31.73
Mar 26
11.51
Apr 26
13.37
May 26
10.64
Jun 26
11.37
Jul 26
10.88
Aug 26
9.07
Sep 26
8.50
Oct 26
8.00
Nov 26
8.38
Average Price
$ 151.26 /MWh
▼ 4.01 %
28 Aug
140.59
29 Aug
111.04
30 Aug
76.50
31 Aug
161.57
01 Sep
199.73
02 Sep
179.57
03 Sep
198.01
04 Sep
156.92
05 Sep
161.10
06 Sep
194.59
07 Sep
164.05
08 Sep
163.87
09 Sep
157.58
10 Sep
151.26
Average Price
$ 156.44 /MWh
▼ 7.31 %
28 Aug
145.55
29 Aug
114.84
30 Aug
76.40
31 Aug
158.71
01 Sep
200.86
02 Sep
181.98
03 Sep
198.00
04 Sep
163.31
05 Sep
167.80
06 Sep
198.47
07 Sep
166.20
08 Sep
166.37
09 Sep
168.77
10 Sep
156.44
Average Price
$ 155.12 /MWh
▲ 0.06 %
28 Aug
140.07
29 Aug
112.05
30 Aug
78.78
31 Aug
165.88
01 Sep
202.95
02 Sep
182.72
03 Sep
196.20
04 Sep
159.18
05 Sep
163.48
06 Sep
192.44
07 Sep
164.23
08 Sep
160.53
09 Sep
155.02
10 Sep
155.12
National Demand
238.3 GW
▲ 0.34 %
29 Aug
231.3
30 Aug
217.0
31 Aug
229.7
01 Sep
243.9
02 Sep
241.3
03 Sep
240.4
04 Sep
239.7
05 Sep
230.6
06 Sep
224.8
07 Sep
221.1
08 Sep
239.5
09 Sep
247.4
10 Sep
237.5
11 Sep
238.3
Daily Volume (Traded)
0 NZU
▼ 100.0 %
30 Aug
0
31 Aug
0
01 Sep
268
02 Sep
100
03 Sep
3360
04 Sep
848
05 Sep
755
06 Sep
0
07 Sep
0
08 Sep
4510
09 Sep
1558
10 Sep
1537
11 Sep
669
12 Sep
0
Daily VWAP (Traded)
$ 0.00 NZU
- 0 %
29 Aug
0.00
30 Aug
0.00
31 Aug
0.00
01 Sep
0.00
02 Sep
0.00
03 Sep
0.00
04 Sep
0.00
05 Sep
0.00
06 Sep
0.00
07 Sep
0.00
08 Sep
0.00
09 Sep
0.00
10 Sep
0.00
11 Sep
0.00
ECMI (Monthly Price Index)
$ 56.88 NZU
▲ 0.08 %
29 Aug
56.43
30 Aug
56.43
31 Aug
56.45
01 Sep
56.50
02 Sep
56.51
03 Sep
56.52
04 Sep
56.56
05 Sep
56.65
06 Sep
56.65
07 Sep
56.65
08 Sep
56.67
09 Sep
56.71
10 Sep
56.83
11 Sep
56.88
ECQI (Quarterly Price Index)
$ 57.07 NZU
▲ 0.02 %
29 Aug
56.58
30 Aug
56.60
31 Aug
56.60
01 Sep
56.61
02 Sep
56.61
03 Sep
56.66
04 Sep
56.71
05 Sep
56.79
06 Sep
56.79
07 Sep
56.79
08 Sep
56.79
09 Sep
57.01
10 Sep
57.06
11 Sep
57.07
103.66 gkWh
▲ 55.72 %
30 Aug
62.07
31 Aug
71.42
01 Sep
78.78
02 Sep
87.88
03 Sep
99.24
04 Sep
85.01
05 Sep
58.57
06 Sep
64.30
07 Sep
67.56
08 Sep
109.23
09 Sep
91.52
10 Sep
62.78
11 Sep
66.57
12 Sep
103.66
85.61 %
▼ 4.86 %
30 Aug
90.20
31 Aug
88.14
01 Sep
87.82
02 Sep
86.54
03 Sep
85.33
04 Sep
87.48
05 Sep
90.42
06 Sep
90.86
07 Sep
90.40
08 Sep
85.05
09 Sep
87.30
10 Sep
90.88
11 Sep
89.98
12 Sep
85.61
Daily VWAP (Delivered)
$ 15.96 /GJ
▲ 37.98 %
FRMI - (Monthly Price Index)
$ 19.96 /GJ
▼ 0.57 %
FRQI - (Quarterly Price Index)
$ 16.47 /GJ
▼ 0.24 %
Daily Volume (Delivered)
22,700 GJ
▼ 13.19 %
BEN ➔ HAY
$ 9.53 /MW
▼ 3.64 %
Average Price
$ 151.26 /MWh
▼ 4.01 %
Average Price
$ 156.44 /MWh
▼ 7.31 %
Average Price
$ 155.12 /MWh
▲ 0.06 %
National Demand
238.3 GW
▲ 0.34 %
Daily Volume (Traded)
0 NZU
▼ 100.0 %
Daily VWAP (Traded)
$ 0.00 NZU
- 0 %
ECMI (Monthly Price Index)
$ 56.88 NZU
▲ 0.08 %
ECQI (Quarterly Price Index)
$ 57.07 NZU
▲ 0.02 %
103.66 gkWh
▲ 55.72 %
85.61 %
▼ 4.86 %
29 Aug
16.23
30 Aug
14.86
31 Aug
13.75
01 Sep
18.15
02 Sep
16.42
03 Sep
18.91
04 Sep
21.61
05 Sep
17.90
06 Sep
20.21
07 Sep
18.42
08 Sep
13.43
09 Sep
10.52
10 Sep
11.57
11 Sep
15.96
29 Aug
19.54
30 Aug
19.55
31 Aug
19.74
01 Sep
20.05
02 Sep
20.13
03 Sep
20.23
04 Sep
20.44
05 Sep
20.60
06 Sep
20.82
07 Sep
20.89
08 Sep
20.87
09 Sep
20.41
10 Sep
20.07
11 Sep
19.96
29 Aug
16.76
30 Aug
16.77
31 Aug
16.77
01 Sep
16.79
02 Sep
16.78
03 Sep
16.81
04 Sep
16.83
05 Sep
16.82
06 Sep
16.81
07 Sep
16.81
08 Sep
16.76
09 Sep
16.62
10 Sep
16.51
11 Sep
16.47
29 Aug
18,750
30 Aug
13,110
31 Aug
17,250
01 Sep
15,110
02 Sep
16,450
03 Sep
17,950
04 Sep
16,570
05 Sep
13,650
06 Sep
15,358
07 Sep
17,000
08 Sep
17,480
09 Sep
32,900
10 Sep
26,150
11 Sep
22,700
Oct 25
5.00
Nov 25
4.29
Dec 25
4.00
Jan 26
4.86
Feb 26
31.73
Mar 26
11.51
Apr 26
13.37
May 26
10.64
Jun 26
11.37
Jul 26
10.88
Aug 26
9.07
Sep 26
8.50
Oct 26
8.00
Nov 26
8.38
28 Aug
140.59
29 Aug
111.04
30 Aug
76.50
31 Aug
161.57
01 Sep
199.73
02 Sep
179.57
03 Sep
198.01
04 Sep
156.92
05 Sep
161.10
06 Sep
194.59
07 Sep
164.05
08 Sep
163.87
09 Sep
157.58
10 Sep
151.26
28 Aug
145.55
29 Aug
114.84
30 Aug
76.40
31 Aug
158.71
01 Sep
200.86
02 Sep
181.98
03 Sep
198.00
04 Sep
163.31
05 Sep
167.80
06 Sep
198.47
07 Sep
166.20
08 Sep
166.37
09 Sep
168.77
10 Sep
156.44
28 Aug
140.07
29 Aug
112.05
30 Aug
78.78
31 Aug
165.88
01 Sep
202.95
02 Sep
182.72
03 Sep
196.20
04 Sep
159.18
05 Sep
163.48
06 Sep
192.44
07 Sep
164.23
08 Sep
160.53
09 Sep
155.02
10 Sep
155.12
29 Aug
231.3
30 Aug
217.0
31 Aug
229.7
01 Sep
243.9
02 Sep
241.3
03 Sep
240.4
04 Sep
239.7
05 Sep
230.6
06 Sep
224.8
07 Sep
221.1
08 Sep
239.5
09 Sep
247.4
10 Sep
237.5
11 Sep
238.3
30 Aug
0
31 Aug
0
01 Sep
268
02 Sep
100
03 Sep
3360
04 Sep
848
05 Sep
755
06 Sep
0
07 Sep
0
08 Sep
4510
09 Sep
1558
10 Sep
1537
11 Sep
669
12 Sep
0
29 Aug
0.00
30 Aug
0.00
31 Aug
0.00
01 Sep
0.00
02 Sep
0.00
03 Sep
0.00
04 Sep
0.00
05 Sep
0.00
06 Sep
0.00
07 Sep
0.00
08 Sep
0.00
09 Sep
0.00
10 Sep
0.00
11 Sep
0.00
29 Aug
56.43
30 Aug
56.43
31 Aug
56.45
01 Sep
56.50
02 Sep
56.51
03 Sep
56.52
04 Sep
56.56
05 Sep
56.65
06 Sep
56.65
07 Sep
56.65
08 Sep
56.67
09 Sep
56.71
10 Sep
56.83
11 Sep
56.88
29 Aug
56.58
30 Aug
56.60
31 Aug
56.60
01 Sep
56.61
02 Sep
56.61
03 Sep
56.66
04 Sep
56.71
05 Sep
56.79
06 Sep
56.79
07 Sep
56.79
08 Sep
56.79
09 Sep
57.01
10 Sep
57.06
11 Sep
57.07
30 Aug
62.07
31 Aug
71.42
01 Sep
78.78
02 Sep
87.88
03 Sep
99.24
04 Sep
85.01
05 Sep
58.57
06 Sep
64.30
07 Sep
67.56
08 Sep
109.23
09 Sep
91.52
10 Sep
62.78
11 Sep
66.57
12 Sep
103.66
30 Aug
90.20
31 Aug
88.14
01 Sep
87.82
02 Sep
86.54
03 Sep
85.33
04 Sep
87.48
05 Sep
90.42
06 Sep
90.86
07 Sep
90.40
08 Sep
85.05
09 Sep
87.30
10 Sep
90.88
11 Sep
89.98
12 Sep
85.61
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