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

Daily VWAP (Delivered)
$ 20.11 /GJ
▼ 1.49 %
01 May
20.26
02 May
19.77
03 May
18.38
04 May
25.91
05 May
20.77
06 May
21.00
07 May
22.94
08 May
22.33
09 May
23.81
10 May
19.39
11 May
20.10
12 May
21.37
13 May
20.41
14 May
20.11
FRMI - (Monthly Price Index)
$ 20.43 /GJ
▲ 0.5 %
01 May
20.59
02 May
20.13
03 May
19.76
04 May
19.69
05 May
19.68
06 May
19.79
07 May
19.90
08 May
19.99
09 May
20.15
10 May
20.15
11 May
20.18
12 May
20.25
13 May
20.33
14 May
20.43
FRQI - (Quarterly Price Index)
$ 20.30 /GJ
▲ 0.21 %
01 May
19.40
02 May
19.47
03 May
19.47
04 May
19.61
05 May
19.66
06 May
19.75
07 May
19.80
08 May
20.01
09 May
20.21
10 May
20.21
11 May
20.22
12 May
20.24
13 May
20.25
14 May
20.30
Daily Volume (Delivered)
8,825 GJ
▲ 23.43 %
01 May
10,060
02 May
16,050
03 May
12,550
04 May
18,550
05 May
14,150
06 May
10,150
07 May
11,650
08 May
9,980
09 May
15,870
10 May
7,350
11 May
7,250
12 May
8,950
13 May
7,150
14 May
8,825
Carbon emissions index
123.29
▼ 0.01 %
12 Oct
123.33
13 Oct
123.32
14 Oct
123.28
15 Oct
123.27
16 Oct
123.28
17 Oct
123.29
18 Oct
123.26
19 Oct
123.32
20 Oct
123.30
21 Oct
123.29
22 Oct
123.30
23 Oct
123.29
24 Oct
123.30
25 Oct
123.29
HAY ➔ BEN
$ 2.22 /MW
▼ 34.51 %
Jun 25
2.22
Jul 25
1.55
Aug 25
1.33
Sep 25
2.74
Oct 25
0.80
Nov 25
0.90
Dec 25
0.71
Jan 26
0.70
Feb 26
2.43
Mar 26
1.70
Apr 26
1.27
May 26
1.61
Jun 26
1.17
Jul 26
1.28
BEN ➔ HAY
$ 5.18 /MW
▲ 47.58 %
Jun 25
5.18
Jul 25
5.38
Aug 25
12.37
Sep 25
13.73
Oct 25
6.60
Nov 25
4.83
Dec 25
4.89
Jan 26
6.98
Feb 26
30.87
Mar 26
16.64
Apr 26
16.93
May 26
14.54
Jun 26
11.37
Jul 26
12.00
Average Price
$ 162.68 /MWh
▼ 5.07 %
01 May
393.48
02 May
358.97
03 May
366.69
04 May
379.56
05 May
374.12
06 May
346.90
07 May
229.61
08 May
251.70
09 May
272.26
10 May
225.48
11 May
204.90
12 May
209.05
13 May
171.36
14 May
162.68
Average Price
$ 170.78 /MWh
▼ 8.76 %
01 May
383.73
02 May
357.35
03 May
341.92
04 May
355.64
05 May
367.51
06 May
346.09
07 May
234.67
08 May
250.77
09 May
269.79
10 May
218.55
11 May
202.50
12 May
216.81
13 May
187.18
14 May
170.78
Average Price
$ 158.36 /MWh
▼ 6.9 %
01 May
395.08
02 May
381.82
03 May
371.80
04 May
389.55
05 May
371.12
06 May
348.78
07 May
245.15
08 May
263.72
09 May
275.02
10 May
228.17
11 May
204.80
12 May
205.20
13 May
170.09
14 May
158.36
National Demand
224.6 GW
▼ 1.27 %
01 May
232.3
02 May
230.4
03 May
208.8
04 May
206.5
05 May
231.1
06 May
233.0
07 May
224.5
08 May
220.4
09 May
221.4
10 May
203.2
11 May
201.4
12 May
223.1
13 May
227.5
14 May
224.6
Daily Volume (Traded)
0 NZU
- 0 %
02 May
0
03 May
0
04 May
0
05 May
2099
06 May
2400
07 May
1401
08 May
300
09 May
1673
10 May
0
11 May
0
12 May
2000
13 May
2172
14 May
0
15 May
0
Daily VWAP (Traded)
$ 0.00 NZU
- 0 %
01 May
51.00
02 May
0.00
03 May
0.00
04 May
0.00
05 May
0.00
06 May
0.00
07 May
0.00
08 May
0.00
09 May
0.00
10 May
0.00
11 May
0.00
12 May
0.00
13 May
0.00
14 May
0.00
ECMI (Monthly Price Index)
$ 50.40 NZU
▲ 0.17 %
01 May
53.70
02 May
53.46
03 May
53.42
04 May
52.62
05 May
52.27
06 May
52.27
07 May
52.12
08 May
51.25
09 May
50.98
10 May
50.98
11 May
50.50
12 May
50.39
13 May
50.31
14 May
50.40
ECQI (Quarterly Price Index)
$ 57.48 NZU
▼ 0.63 %
01 May
58.88
02 May
58.81
03 May
58.81
04 May
58.81
05 May
58.71
06 May
58.69
07 May
58.45
08 May
58.28
09 May
58.10
10 May
58.10
11 May
58.10
12 May
58.01
13 May
57.84
14 May
57.48
105.58 gkWh
▼ 19.31 %
02 May
133.36
03 May
160.04
04 May
161.38
05 May
179.92
06 May
171.08
07 May
149.92
08 May
155.79
09 May
137.19
10 May
151.31
11 May
145.72
12 May
144.83
13 May
120.43
14 May
130.84
15 May
105.58
85.46 %
▲ 3.71 %
02 May
80.38
03 May
77.26
04 May
77.70
05 May
75.02
06 May
76.94
07 May
80.15
08 May
78.81
09 May
80.98
10 May
79.77
11 May
81.08
12 May
80.49
13 May
83.47
14 May
82.40
15 May
85.46
Daily VWAP (Delivered)
$ 20.11 /GJ
▼ 1.49 %
FRMI - (Monthly Price Index)
$ 20.43 /GJ
▲ 0.5 %
FRQI - (Quarterly Price Index)
$ 20.30 /GJ
▲ 0.21 %
Daily Volume (Delivered)
8,825 GJ
▲ 23.43 %
Carbon emissions index
123.29
▼ 0.01 %
HAY ➔ BEN
$ 0.79 /MW
▼ 5.95 %
BEN ➔ HAY
$ 9.53 /MW
▼ 3.64 %
Average Price
$ 162.68 /MWh
▼ 5.07 %
Average Price
$ 170.78 /MWh
▼ 8.76 %
Average Price
$ 158.36 /MWh
▼ 6.9 %
National Demand
224.6 GW
▼ 1.27 %
Daily Volume (Traded)
0 NZU
- 0 %
Daily VWAP (Traded)
$ 0.00 NZU
- 0 %
ECMI (Monthly Price Index)
$ 50.40 NZU
▲ 0.17 %
ECQI (Quarterly Price Index)
$ 57.48 NZU
▼ 0.63 %
105.58 gkWh
▼ 19.31 %
85.46 %
▲ 3.71 %
01 May
20.26
02 May
19.77
03 May
18.38
04 May
25.91
05 May
20.77
06 May
21.00
07 May
22.94
08 May
22.33
09 May
23.81
10 May
19.39
11 May
20.10
12 May
21.37
13 May
20.41
14 May
20.11
01 May
20.59
02 May
20.13
03 May
19.76
04 May
19.69
05 May
19.68
06 May
19.79
07 May
19.90
08 May
19.99
09 May
20.15
10 May
20.15
11 May
20.18
12 May
20.25
13 May
20.33
14 May
20.43
01 May
19.40
02 May
19.47
03 May
19.47
04 May
19.61
05 May
19.66
06 May
19.75
07 May
19.80
08 May
20.01
09 May
20.21
10 May
20.21
11 May
20.22
12 May
20.24
13 May
20.25
14 May
20.30
01 May
10,060
02 May
16,050
03 May
12,550
04 May
18,550
05 May
14,150
06 May
10,150
07 May
11,650
08 May
9,980
09 May
15,870
10 May
7,350
11 May
7,250
12 May
8,950
13 May
7,150
14 May
8,825
12 Oct
123.33
13 Oct
123.32
14 Oct
123.28
15 Oct
123.27
16 Oct
123.28
17 Oct
123.29
18 Oct
123.26
19 Oct
123.32
20 Oct
123.30
21 Oct
123.29
22 Oct
123.30
23 Oct
123.29
24 Oct
123.30
25 Oct
123.29
Jun 25
2.22
Jul 25
1.55
Aug 25
1.33
Sep 25
2.74
Oct 25
0.80
Nov 25
0.90
Dec 25
0.71
Jan 26
0.70
Feb 26
2.43
Mar 26
1.70
Apr 26
1.27
May 26
1.61
Jun 26
1.17
Jul 26
1.28
Jun 25
5.18
Jul 25
5.38
Aug 25
12.37
Sep 25
13.73
Oct 25
6.60
Nov 25
4.83
Dec 25
4.89
Jan 26
6.98
Feb 26
30.87
Mar 26
16.64
Apr 26
16.93
May 26
14.54
Jun 26
11.37
Jul 26
12.00
01 May
393.48
02 May
358.97
03 May
366.69
04 May
379.56
05 May
374.12
06 May
346.90
07 May
229.61
08 May
251.70
09 May
272.26
10 May
225.48
11 May
204.90
12 May
209.05
13 May
171.36
14 May
162.68
01 May
383.73
02 May
357.35
03 May
341.92
04 May
355.64
05 May
367.51
06 May
346.09
07 May
234.67
08 May
250.77
09 May
269.79
10 May
218.55
11 May
202.50
12 May
216.81
13 May
187.18
14 May
170.78
01 May
395.08
02 May
381.82
03 May
371.80
04 May
389.55
05 May
371.12
06 May
348.78
07 May
245.15
08 May
263.72
09 May
275.02
10 May
228.17
11 May
204.80
12 May
205.20
13 May
170.09
14 May
158.36
01 May
232.3
02 May
230.4
03 May
208.8
04 May
206.5
05 May
231.1
06 May
233.0
07 May
224.5
08 May
220.4
09 May
221.4
10 May
203.2
11 May
201.4
12 May
223.1
13 May
227.5
14 May
224.6
02 May
0
03 May
0
04 May
0
05 May
2099
06 May
2400
07 May
1401
08 May
300
09 May
1673
10 May
0
11 May
0
12 May
2000
13 May
2172
14 May
0
15 May
0
01 May
51.00
02 May
0.00
03 May
0.00
04 May
0.00
05 May
0.00
06 May
0.00
07 May
0.00
08 May
0.00
09 May
0.00
10 May
0.00
11 May
0.00
12 May
0.00
13 May
0.00
14 May
0.00
01 May
53.70
02 May
53.46
03 May
53.42
04 May
52.62
05 May
52.27
06 May
52.27
07 May
52.12
08 May
51.25
09 May
50.98
10 May
50.98
11 May
50.50
12 May
50.39
13 May
50.31
14 May
50.40
01 May
58.88
02 May
58.81
03 May
58.81
04 May
58.81
05 May
58.71
06 May
58.69
07 May
58.45
08 May
58.28
09 May
58.10
10 May
58.10
11 May
58.10
12 May
58.01
13 May
57.84
14 May
57.48
02 May
133.36
03 May
160.04
04 May
161.38
05 May
179.92
06 May
171.08
07 May
149.92
08 May
155.79
09 May
137.19
10 May
151.31
11 May
145.72
12 May
144.83
13 May
120.43
14 May
130.84
15 May
105.58
02 May
80.38
03 May
77.26
04 May
77.70
05 May
75.02
06 May
76.94
07 May
80.15
08 May
78.81
09 May
80.98
10 May
79.77
11 May
81.08
12 May
80.49
13 May
83.47
14 May
82.40
15 May
85.46
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