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

Daily VWAP (Delivered)
$ 14.33 /GJ
▲ 4.51 %
25 Sep
11.16
26 Sep
11.14
27 Sep
11.13
28 Sep
9.33
29 Sep
12.44
30 Sep
16.25
01 Oct
12.33
02 Oct
13.48
03 Oct
14.12
04 Oct
13.77
05 Oct
13.83
06 Oct
14.09
07 Oct
13.71
08 Oct
14.33
FRMI - (Monthly Price Index)
$ 13.26 /GJ
▼ 0.59 %
25 Sep
14.80
26 Sep
14.65
27 Sep
14.43
28 Sep
14.13
29 Sep
14.07
30 Sep
14.11
01 Oct
14.05
02 Oct
13.93
03 Oct
13.88
04 Oct
13.73
05 Oct
13.54
06 Oct
13.47
07 Oct
13.33
08 Oct
13.26
FRQI - (Quarterly Price Index)
$ 16.03 /GJ
▼ 0.09 %
25 Sep
16.16
26 Sep
16.10
27 Sep
16.12
28 Sep
16.05
29 Sep
16.05
30 Sep
16.08
01 Oct
16.09
02 Oct
16.08
03 Oct
16.05
04 Oct
16.05
05 Oct
16.05
06 Oct
16.04
07 Oct
16.05
08 Oct
16.03
Daily Volume (Delivered)
22,950 GJ
▲ 56.66 %
25 Sep
20,920
26 Sep
21,950
27 Sep
20,950
28 Sep
25,450
29 Sep
12,170
30 Sep
6,470
01 Oct
16,050
02 Oct
16,650
03 Oct
19,400
04 Oct
17,750
05 Oct
12,250
06 Oct
16,500
07 Oct
14,650
08 Oct
22,950
BEN ➔ HAY
$ 5.00 /MW
▼ 1.57 %
Nov 25
5.00
Dec 25
4.81
Jan 26
4.86
Feb 26
31.73
Mar 26
11.51
Apr 26
14.07
May 26
10.80
Jun 26
10.62
Jul 26
10.88
Aug 26
9.07
Sep 26
8.50
Oct 26
8.00
Nov 26
8.38
Dec 26
9.13
Average Price
$ 19.56 /MWh
▼ 71.23 %
25 Sep
11.73
26 Sep
8.05
27 Sep
5.89
28 Sep
0.54
29 Sep
10.84
30 Sep
3.22
01 Oct
61.99
02 Oct
149.73
03 Oct
107.06
04 Oct
53.85
05 Oct
43.76
06 Oct
88.37
07 Oct
67.98
08 Oct
19.56
Average Price
$ 22.54 /MWh
▼ 71.12 %
25 Sep
12.40
26 Sep
8.71
27 Sep
6.23
28 Sep
0.56
29 Sep
11.43
30 Sep
3.40
01 Oct
65.40
02 Oct
157.70
03 Oct
117.05
04 Oct
54.64
05 Oct
45.19
06 Oct
98.67
07 Oct
78.04
08 Oct
22.54
Average Price
$ 18.70 /MWh
▼ 71.21 %
25 Sep
12.20
26 Sep
9.89
27 Sep
5.75
28 Sep
0.68
29 Sep
10.69
30 Sep
3.22
01 Oct
60.69
02 Oct
144.04
03 Oct
101.91
04 Oct
53.33
05 Oct
42.82
06 Oct
83.85
07 Oct
64.95
08 Oct
18.70
National Demand
220.3 GW
▼ 1.61 %
25 Sep
229.1
26 Sep
229.8
27 Sep
209.3
28 Sep
200.0
29 Sep
219.4
30 Sep
225.4
01 Oct
231.9
02 Oct
237.8
03 Oct
224.9
04 Oct
207.5
05 Oct
208.9
06 Oct
223.9
07 Oct
223.9
08 Oct
220.3
Daily Volume (Traded)
0 NZU
▼ 100.0 %
26 Sep
0
27 Sep
0
28 Sep
0
29 Sep
1218
30 Sep
302
01 Oct
500
02 Oct
1332
03 Oct
0
04 Oct
0
05 Oct
0
06 Oct
4787
07 Oct
3000
08 Oct
359
09 Oct
0
Daily VWAP (Traded)
$ 0.00 NZU
- 0 %
25 Sep
0.00
26 Sep
0.00
27 Sep
0.00
28 Sep
0.00
29 Sep
0.00
30 Sep
0.00
01 Oct
0.00
02 Oct
0.00
03 Oct
0.00
04 Oct
0.00
05 Oct
0.00
06 Oct
0.00
07 Oct
0.00
08 Oct
0.00
ECMI (Monthly Price Index)
$ 57.30 NZU
▼ 0.1 %
25 Sep
57.24
26 Sep
57.25
27 Sep
57.30
28 Sep
57.37
29 Sep
57.34
30 Sep
57.34
01 Oct
57.33
02 Oct
57.34
03 Oct
57.34
04 Oct
57.34
05 Oct
57.35
06 Oct
57.36
07 Oct
57.36
08 Oct
57.30
ECQI (Quarterly Price Index)
$ 57.11 NZU
▼ 0.02 %
25 Sep
57.18
26 Sep
57.14
27 Sep
57.14
28 Sep
57.14
29 Sep
57.13
30 Sep
57.13
01 Oct
57.13
02 Oct
57.13
03 Oct
57.13
04 Oct
57.13
05 Oct
57.13
06 Oct
57.12
07 Oct
57.12
08 Oct
57.11
28.43 gkWh
▲ 1.43 %
26 Sep
43.14
27 Sep
44.70
28 Sep
48.11
29 Sep
49.88
30 Sep
51.36
01 Oct
41.11
02 Oct
58.50
03 Oct
45.33
04 Oct
29.38
05 Oct
31.23
06 Oct
38.10
07 Oct
31.42
08 Oct
28.03
09 Oct
28.43
97.94 %
▲ 0.04 %
26 Sep
94.09
27 Sep
94.06
28 Sep
93.57
29 Sep
93.01
30 Sep
93.67
01 Oct
96.73
02 Oct
94.91
03 Oct
96.43
04 Oct
98.39
05 Oct
98.08
06 Oct
96.94
07 Oct
97.36
08 Oct
97.90
09 Oct
97.94
Daily VWAP (Delivered)
$ 14.33 /GJ
▲ 4.51 %
FRMI - (Monthly Price Index)
$ 13.26 /GJ
▼ 0.59 %
FRQI - (Quarterly Price Index)
$ 16.03 /GJ
▼ 0.09 %
Daily Volume (Delivered)
22,950 GJ
▲ 56.66 %
BEN ➔ HAY
$ 9.53 /MW
▼ 3.64 %
Average Price
$ 19.56 /MWh
▼ 71.23 %
Average Price
$ 22.54 /MWh
▼ 71.12 %
Average Price
$ 18.70 /MWh
▼ 71.21 %
National Demand
220.3 GW
▼ 1.61 %
Daily Volume (Traded)
0 NZU
▼ 100.0 %
Daily VWAP (Traded)
$ 0.00 NZU
- 0 %
ECMI (Monthly Price Index)
$ 57.30 NZU
▼ 0.1 %
ECQI (Quarterly Price Index)
$ 57.11 NZU
▼ 0.02 %
28.43 gkWh
▲ 1.43 %
97.94 %
▲ 0.04 %
25 Sep
11.16
26 Sep
11.14
27 Sep
11.13
28 Sep
9.33
29 Sep
12.44
30 Sep
16.25
01 Oct
12.33
02 Oct
13.48
03 Oct
14.12
04 Oct
13.77
05 Oct
13.83
06 Oct
14.09
07 Oct
13.71
08 Oct
14.33
25 Sep
14.80
26 Sep
14.65
27 Sep
14.43
28 Sep
14.13
29 Sep
14.07
30 Sep
14.11
01 Oct
14.05
02 Oct
13.93
03 Oct
13.88
04 Oct
13.73
05 Oct
13.54
06 Oct
13.47
07 Oct
13.33
08 Oct
13.26
25 Sep
16.16
26 Sep
16.10
27 Sep
16.12
28 Sep
16.05
29 Sep
16.05
30 Sep
16.08
01 Oct
16.09
02 Oct
16.08
03 Oct
16.05
04 Oct
16.05
05 Oct
16.05
06 Oct
16.04
07 Oct
16.05
08 Oct
16.03
25 Sep
20,920
26 Sep
21,950
27 Sep
20,950
28 Sep
25,450
29 Sep
12,170
30 Sep
6,470
01 Oct
16,050
02 Oct
16,650
03 Oct
19,400
04 Oct
17,750
05 Oct
12,250
06 Oct
16,500
07 Oct
14,650
08 Oct
22,950
Nov 25
5.00
Dec 25
4.81
Jan 26
4.86
Feb 26
31.73
Mar 26
11.51
Apr 26
14.07
May 26
10.80
Jun 26
10.62
Jul 26
10.88
Aug 26
9.07
Sep 26
8.50
Oct 26
8.00
Nov 26
8.38
Dec 26
9.13
25 Sep
11.73
26 Sep
8.05
27 Sep
5.89
28 Sep
0.54
29 Sep
10.84
30 Sep
3.22
01 Oct
61.99
02 Oct
149.73
03 Oct
107.06
04 Oct
53.85
05 Oct
43.76
06 Oct
88.37
07 Oct
67.98
08 Oct
19.56
25 Sep
12.40
26 Sep
8.71
27 Sep
6.23
28 Sep
0.56
29 Sep
11.43
30 Sep
3.40
01 Oct
65.40
02 Oct
157.70
03 Oct
117.05
04 Oct
54.64
05 Oct
45.19
06 Oct
98.67
07 Oct
78.04
08 Oct
22.54
25 Sep
12.20
26 Sep
9.89
27 Sep
5.75
28 Sep
0.68
29 Sep
10.69
30 Sep
3.22
01 Oct
60.69
02 Oct
144.04
03 Oct
101.91
04 Oct
53.33
05 Oct
42.82
06 Oct
83.85
07 Oct
64.95
08 Oct
18.70
25 Sep
229.1
26 Sep
229.8
27 Sep
209.3
28 Sep
200.0
29 Sep
219.4
30 Sep
225.4
01 Oct
231.9
02 Oct
237.8
03 Oct
224.9
04 Oct
207.5
05 Oct
208.9
06 Oct
223.9
07 Oct
223.9
08 Oct
220.3
26 Sep
0
27 Sep
0
28 Sep
0
29 Sep
1218
30 Sep
302
01 Oct
500
02 Oct
1332
03 Oct
0
04 Oct
0
05 Oct
0
06 Oct
4787
07 Oct
3000
08 Oct
359
09 Oct
0
25 Sep
0.00
26 Sep
0.00
27 Sep
0.00
28 Sep
0.00
29 Sep
0.00
30 Sep
0.00
01 Oct
0.00
02 Oct
0.00
03 Oct
0.00
04 Oct
0.00
05 Oct
0.00
06 Oct
0.00
07 Oct
0.00
08 Oct
0.00
25 Sep
57.24
26 Sep
57.25
27 Sep
57.30
28 Sep
57.37
29 Sep
57.34
30 Sep
57.34
01 Oct
57.33
02 Oct
57.34
03 Oct
57.34
04 Oct
57.34
05 Oct
57.35
06 Oct
57.36
07 Oct
57.36
08 Oct
57.30
25 Sep
57.18
26 Sep
57.14
27 Sep
57.14
28 Sep
57.14
29 Sep
57.13
30 Sep
57.13
01 Oct
57.13
02 Oct
57.13
03 Oct
57.13
04 Oct
57.13
05 Oct
57.13
06 Oct
57.12
07 Oct
57.12
08 Oct
57.11
26 Sep
43.14
27 Sep
44.70
28 Sep
48.11
29 Sep
49.88
30 Sep
51.36
01 Oct
41.11
02 Oct
58.50
03 Oct
45.33
04 Oct
29.38
05 Oct
31.23
06 Oct
38.10
07 Oct
31.42
08 Oct
28.03
09 Oct
28.43
26 Sep
94.09
27 Sep
94.06
28 Sep
93.57
29 Sep
93.01
30 Sep
93.67
01 Oct
96.73
02 Oct
94.91
03 Oct
96.43
04 Oct
98.39
05 Oct
98.08
06 Oct
96.94
07 Oct
97.36
08 Oct
97.90
09 Oct
97.94
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