Renewable Energy Certificates
Energy Attribute Certificate for New Zealand generators and businesses.
Daily VWAP (Delivered)
$ 6.43 /GJ
▼ 10.71 %
16 Feb
12.72
17 Feb
10.93
18 Feb
11.45
19 Feb
10.30
20 Feb
9.02
21 Feb
8.49
22 Feb
7.00
23 Feb
10.68
24 Feb
9.73
25 Feb
10.99
26 Feb
11.09
27 Feb
10.13
28 Feb
7.20
01 Mar
6.43
FRMI - (Monthly Price Index)
$ 9.17 /GJ
▼ 4.43 %
16 Feb
7.67
17 Feb
7.77
18 Feb
7.92
19 Feb
8.18
20 Feb
8.31
21 Feb
8.45
22 Feb
8.51
23 Feb
8.70
24 Feb
8.99
25 Feb
9.30
26 Feb
9.42
27 Feb
9.53
28 Feb
9.59
01 Mar
9.17
FRQI - (Quarterly Price Index)
$ 8.77 /GJ
▼ 0.4 %
16 Feb
8.95
17 Feb
8.93
18 Feb
8.91
19 Feb
8.90
20 Feb
8.88
21 Feb
8.87
22 Feb
8.83
23 Feb
8.82
24 Feb
8.82
25 Feb
8.83
26 Feb
8.83
27 Feb
8.82
28 Feb
8.80
01 Mar
8.77
Daily Volume (Delivered)
13,820 GJ
▼ 0.72 %
16 Feb
13,061
17 Feb
7,225
18 Feb
7,725
19 Feb
12,050
20 Feb
8,550
21 Feb
7,210
22 Feb
12,358
23 Feb
6,670
24 Feb
7,420
25 Feb
6,750
26 Feb
5,550
27 Feb
4,950
28 Feb
13,920
01 Mar
13,820
BEN ➔ HAY
$ 8.26 /MW
▲ 65.53 %
Apr 26
8.26
May 26
6.30
Jun 26
10.50
Jul 26
10.08
Aug 26
7.68
Sep 26
3.92
Oct 26
4.23
Nov 26
6.64
Dec 26
6.50
Jan 27
6.01
Feb 27
32.90
Mar 27
16.27
Apr 27
7.05
May 27
8.17
Average Price
$ 73.93 /MWh
▲ 24.92 %
16 Feb
51.00
17 Feb
57.08
18 Feb
57.82
19 Feb
47.41
20 Feb
16.57
21 Feb
51.52
22 Feb
35.34
23 Feb
78.94
24 Feb
67.61
25 Feb
92.19
26 Feb
92.15
27 Feb
93.90
28 Feb
59.18
01 Mar
73.93
Average Price
$ 75.87 /MWh
▲ 24.25 %
16 Feb
52.39
17 Feb
60.50
18 Feb
63.38
19 Feb
52.22
20 Feb
17.67
21 Feb
51.04
22 Feb
35.84
23 Feb
82.37
24 Feb
72.54
25 Feb
99.17
26 Feb
98.74
27 Feb
99.38
28 Feb
61.06
01 Mar
75.87
Average Price
$ 86.11 /MWh
▲ 40.96 %
16 Feb
36.49
17 Feb
49.48
18 Feb
55.79
19 Feb
45.42
20 Feb
16.15
21 Feb
5.87
22 Feb
12.28
23 Feb
62.02
24 Feb
60.74
25 Feb
71.78
26 Feb
89.90
27 Feb
86.54
28 Feb
61.09
01 Mar
86.11
National Demand
193.6 GW
▲ 0.73 %
16 Feb
212.8
17 Feb
213.4
18 Feb
209.5
19 Feb
210.6
20 Feb
206.7
21 Feb
188.8
22 Feb
186.9
23 Feb
207.4
24 Feb
212.1
25 Feb
215.3
26 Feb
218.7
27 Feb
213.7
28 Feb
192.2
01 Mar
193.6
Daily Volume (Traded)
0 NZU
- 0 %
17 Feb
1199
18 Feb
44
19 Feb
109
20 Feb
2500
21 Feb
400
22 Feb
0
23 Feb
250
24 Feb
695
25 Feb
300
26 Feb
0
27 Feb
0
28 Feb
0
01 Mar
0
02 Mar
0
Daily VWAP (Traded)
$ 0.00 NZU
- 0 %
16 Feb
0.00
17 Feb
0.00
18 Feb
0.00
19 Feb
0.00
20 Feb
0.00
21 Feb
0.00
22 Feb
0.00
23 Feb
0.00
24 Feb
0.00
25 Feb
0.00
26 Feb
0.00
27 Feb
0.00
28 Feb
0.00
01 Mar
0.00
ECMI (Monthly Price Index)
$ 40.37 NZU
▼ 0.49 %
16 Feb
36.74
17 Feb
36.91
18 Feb
37.47
19 Feb
38.07
20 Feb
38.09
21 Feb
38.09
22 Feb
38.09
23 Feb
38.14
24 Feb
39.62
25 Feb
39.77
26 Feb
40.23
27 Feb
40.57
28 Feb
40.57
01 Mar
40.37
ECQI (Quarterly Price Index)
$ 38.56 NZU
▼ 0.21 %
16 Feb
38.26
17 Feb
38.24
18 Feb
38.25
19 Feb
38.20
20 Feb
38.20
21 Feb
38.20
22 Feb
38.20
23 Feb
38.22
24 Feb
38.56
25 Feb
38.61
26 Feb
38.57
27 Feb
38.64
28 Feb
38.64
01 Mar
38.56
44.73 gkWh
▼ 2.29 %
17 Feb
40.29
18 Feb
38.31
19 Feb
34.50
20 Feb
42.19
21 Feb
50.78
22 Feb
47.88
23 Feb
59.84
24 Feb
50.78
25 Feb
55.65
26 Feb
50.73
27 Feb
51.94
28 Feb
45.22
01 Mar
45.78
02 Mar
44.73
95.72 %
▼ 0.16 %
17 Feb
96.92
18 Feb
97.01
19 Feb
96.73
20 Feb
95.66
21 Feb
94.44
22 Feb
95.01
23 Feb
93.81
24 Feb
95.43
25 Feb
94.42
26 Feb
95.71
27 Feb
94.87
28 Feb
96.09
01 Mar
95.87
02 Mar
95.72
Daily VWAP (Delivered)
$ 6.43 /GJ
▼ 10.71 %
FRMI - (Monthly Price Index)
$ 9.17 /GJ
▼ 4.43 %
FRQI - (Quarterly Price Index)
$ 8.77 /GJ
▼ 0.4 %
Daily Volume (Delivered)
13,820 GJ
▼ 0.72 %
BEN ➔ HAY
$ 9.53 /MW
▼ 3.64 %
Average Price
$ 73.93 /MWh
▲ 24.92 %
Average Price
$ 75.87 /MWh
▲ 24.25 %
Average Price
$ 86.11 /MWh
▲ 40.96 %
National Demand
193.6 GW
▲ 0.73 %
Daily Volume (Traded)
0 NZU
- 0 %
Daily VWAP (Traded)
$ 0.00 NZU
- 0 %
ECMI (Monthly Price Index)
$ 40.37 NZU
▼ 0.49 %
ECQI (Quarterly Price Index)
$ 38.56 NZU
▼ 0.21 %
44.73 gkWh
▼ 2.29 %
95.72 %
▼ 0.16 %
16 Feb
12.72
17 Feb
10.93
18 Feb
11.45
19 Feb
10.30
20 Feb
9.02
21 Feb
8.49
22 Feb
7.00
23 Feb
10.68
24 Feb
9.73
25 Feb
10.99
26 Feb
11.09
27 Feb
10.13
28 Feb
7.20
01 Mar
6.43
16 Feb
7.67
17 Feb
7.77
18 Feb
7.92
19 Feb
8.18
20 Feb
8.31
21 Feb
8.45
22 Feb
8.51
23 Feb
8.70
24 Feb
8.99
25 Feb
9.30
26 Feb
9.42
27 Feb
9.53
28 Feb
9.59
01 Mar
9.17
16 Feb
8.95
17 Feb
8.93
18 Feb
8.91
19 Feb
8.90
20 Feb
8.88
21 Feb
8.87
22 Feb
8.83
23 Feb
8.82
24 Feb
8.82
25 Feb
8.83
26 Feb
8.83
27 Feb
8.82
28 Feb
8.80
01 Mar
8.77
16 Feb
13,061
17 Feb
7,225
18 Feb
7,725
19 Feb
12,050
20 Feb
8,550
21 Feb
7,210
22 Feb
12,358
23 Feb
6,670
24 Feb
7,420
25 Feb
6,750
26 Feb
5,550
27 Feb
4,950
28 Feb
13,920
01 Mar
13,820
Apr 26
8.26
May 26
6.30
Jun 26
10.50
Jul 26
10.08
Aug 26
7.68
Sep 26
3.92
Oct 26
4.23
Nov 26
6.64
Dec 26
6.50
Jan 27
6.01
Feb 27
32.90
Mar 27
16.27
Apr 27
7.05
May 27
8.17
16 Feb
51.00
17 Feb
57.08
18 Feb
57.82
19 Feb
47.41
20 Feb
16.57
21 Feb
51.52
22 Feb
35.34
23 Feb
78.94
24 Feb
67.61
25 Feb
92.19
26 Feb
92.15
27 Feb
93.90
28 Feb
59.18
01 Mar
73.93
16 Feb
52.39
17 Feb
60.50
18 Feb
63.38
19 Feb
52.22
20 Feb
17.67
21 Feb
51.04
22 Feb
35.84
23 Feb
82.37
24 Feb
72.54
25 Feb
99.17
26 Feb
98.74
27 Feb
99.38
28 Feb
61.06
01 Mar
75.87
16 Feb
36.49
17 Feb
49.48
18 Feb
55.79
19 Feb
45.42
20 Feb
16.15
21 Feb
5.87
22 Feb
12.28
23 Feb
62.02
24 Feb
60.74
25 Feb
71.78
26 Feb
89.90
27 Feb
86.54
28 Feb
61.09
01 Mar
86.11
16 Feb
212.8
17 Feb
213.4
18 Feb
209.5
19 Feb
210.6
20 Feb
206.7
21 Feb
188.8
22 Feb
186.9
23 Feb
207.4
24 Feb
212.1
25 Feb
215.3
26 Feb
218.7
27 Feb
213.7
28 Feb
192.2
01 Mar
193.6
17 Feb
1199
18 Feb
44
19 Feb
109
20 Feb
2500
21 Feb
400
22 Feb
0
23 Feb
250
24 Feb
695
25 Feb
300
26 Feb
0
27 Feb
0
28 Feb
0
01 Mar
0
02 Mar
0
16 Feb
0.00
17 Feb
0.00
18 Feb
0.00
19 Feb
0.00
20 Feb
0.00
21 Feb
0.00
22 Feb
0.00
23 Feb
0.00
24 Feb
0.00
25 Feb
0.00
26 Feb
0.00
27 Feb
0.00
28 Feb
0.00
01 Mar
0.00
16 Feb
36.74
17 Feb
36.91
18 Feb
37.47
19 Feb
38.07
20 Feb
38.09
21 Feb
38.09
22 Feb
38.09
23 Feb
38.14
24 Feb
39.62
25 Feb
39.77
26 Feb
40.23
27 Feb
40.57
28 Feb
40.57
01 Mar
40.37
16 Feb
38.26
17 Feb
38.24
18 Feb
38.25
19 Feb
38.20
20 Feb
38.20
21 Feb
38.20
22 Feb
38.20
23 Feb
38.22
24 Feb
38.56
25 Feb
38.61
26 Feb
38.57
27 Feb
38.64
28 Feb
38.64
01 Mar
38.56
17 Feb
40.29
18 Feb
38.31
19 Feb
34.50
20 Feb
42.19
21 Feb
50.78
22 Feb
47.88
23 Feb
59.84
24 Feb
50.78
25 Feb
55.65
26 Feb
50.73
27 Feb
51.94
28 Feb
45.22
01 Mar
45.78
02 Mar
44.73
17 Feb
96.92
18 Feb
97.01
19 Feb
96.73
20 Feb
95.66
21 Feb
94.44
22 Feb
95.01
23 Feb
93.81
24 Feb
95.43
25 Feb
94.42
26 Feb
95.71
27 Feb
94.87
28 Feb
96.09
01 Mar
95.87
02 Mar
95.72
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