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

Daily VWAP (Delivered)
$ 13.51 /GJ
▼ 4.59 %
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
12 Sep
16.23
13 Sep
15.78
14 Sep
15.26
15 Sep
14.78
16 Sep
14.14
17 Sep
14.16
18 Sep
13.51
FRMI - (Monthly Price Index)
$ 18.54 /GJ
▼ 1.59 %
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
12 Sep
19.89
13 Sep
19.74
14 Sep
19.63
15 Sep
19.39
16 Sep
19.13
17 Sep
18.84
18 Sep
18.54
FRQI - (Quarterly Price Index)
$ 16.32 /GJ
▼ 0.29 %
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
12 Sep
16.45
13 Sep
16.45
14 Sep
16.45
15 Sep
16.44
16 Sep
16.40
17 Sep
16.37
18 Sep
16.32
Daily Volume (Delivered)
24,270 GJ
▲ 30.87 %
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
12 Sep
19,400
13 Sep
18,250
14 Sep
17,300
15 Sep
17,920
16 Sep
22,675
17 Sep
18,545
18 Sep
24,270
BEN ➔ HAY
$ 5.08 /MW
▼ 15.33 %
Oct 25
5.08
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
Average Price
$ 99.60 /MWh
▲ 22.61 %
05 Sep
161.10
06 Sep
194.59
07 Sep
164.05
08 Sep
163.87
09 Sep
157.58
10 Sep
151.26
11 Sep
174.14
12 Sep
184.32
13 Sep
177.27
14 Sep
180.73
15 Sep
158.82
16 Sep
123.78
17 Sep
81.23
18 Sep
99.60
Average Price
$ 112.09 /MWh
▲ 28.87 %
05 Sep
167.80
06 Sep
198.47
07 Sep
166.20
08 Sep
166.37
09 Sep
168.77
10 Sep
156.44
11 Sep
180.05
12 Sep
189.32
13 Sep
177.18
14 Sep
177.13
15 Sep
163.65
16 Sep
129.69
17 Sep
86.98
18 Sep
112.09
Average Price
$ 96.46 /MWh
▲ 20.94 %
05 Sep
163.48
06 Sep
192.44
07 Sep
164.23
08 Sep
160.53
09 Sep
155.02
10 Sep
155.12
11 Sep
172.31
12 Sep
179.42
13 Sep
178.73
14 Sep
181.36
15 Sep
159.01
16 Sep
122.48
17 Sep
79.76
18 Sep
96.46
National Demand
230.8 GW
▲ 2.76 %
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
12 Sep
243.0
13 Sep
223.3
14 Sep
215.6
15 Sep
230.9
16 Sep
226.3
17 Sep
224.6
18 Sep
230.8
Daily Volume (Traded)
0 NZU
- 0 %
06 Sep
0
07 Sep
0
08 Sep
4510
09 Sep
1558
10 Sep
1537
11 Sep
669
12 Sep
500
13 Sep
0
14 Sep
0
15 Sep
0
16 Sep
535
17 Sep
1286
18 Sep
0
19 Sep
0
Daily VWAP (Traded)
$ 0.00 NZU
- 0 %
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
12 Sep
0.00
13 Sep
0.00
14 Sep
0.00
15 Sep
0.00
16 Sep
0.00
17 Sep
0.00
18 Sep
0.00
ECMI (Monthly Price Index)
$ 57.06 NZU
▲ 0.09 %
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
12 Sep
56.94
13 Sep
56.94
14 Sep
56.94
15 Sep
56.97
16 Sep
57.00
17 Sep
57.01
18 Sep
57.06
ECQI (Quarterly Price Index)
$ 57.15 NZU
▲ 0.01 %
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
12 Sep
57.10
13 Sep
57.10
14 Sep
57.10
15 Sep
57.11
16 Sep
57.13
17 Sep
57.15
18 Sep
57.15
52.59 gkWh
▲ 12.56 %
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
88.28
13 Sep
54.60
14 Sep
72.85
15 Sep
81.51
16 Sep
71.12
17 Sep
49.69
18 Sep
46.72
19 Sep
52.59
92.52 %
▼ 0.77 %
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
87.85
13 Sep
91.79
14 Sep
89.61
15 Sep
88.77
16 Sep
90.17
17 Sep
92.38
18 Sep
93.24
19 Sep
92.52
Daily VWAP (Delivered)
$ 13.51 /GJ
▼ 4.59 %
FRMI - (Monthly Price Index)
$ 18.54 /GJ
▼ 1.59 %
FRQI - (Quarterly Price Index)
$ 16.32 /GJ
▼ 0.29 %
Daily Volume (Delivered)
24,270 GJ
▲ 30.87 %
BEN ➔ HAY
$ 9.53 /MW
▼ 3.64 %
Average Price
$ 99.60 /MWh
▲ 22.61 %
Average Price
$ 112.09 /MWh
▲ 28.87 %
Average Price
$ 96.46 /MWh
▲ 20.94 %
National Demand
230.8 GW
▲ 2.76 %
Daily Volume (Traded)
0 NZU
- 0 %
Daily VWAP (Traded)
$ 0.00 NZU
- 0 %
ECMI (Monthly Price Index)
$ 57.06 NZU
▲ 0.09 %
ECQI (Quarterly Price Index)
$ 57.15 NZU
▲ 0.01 %
52.59 gkWh
▲ 12.56 %
92.52 %
▼ 0.77 %
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
12 Sep
16.23
13 Sep
15.78
14 Sep
15.26
15 Sep
14.78
16 Sep
14.14
17 Sep
14.16
18 Sep
13.51
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
12 Sep
19.89
13 Sep
19.74
14 Sep
19.63
15 Sep
19.39
16 Sep
19.13
17 Sep
18.84
18 Sep
18.54
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
12 Sep
16.45
13 Sep
16.45
14 Sep
16.45
15 Sep
16.44
16 Sep
16.40
17 Sep
16.37
18 Sep
16.32
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
12 Sep
19,400
13 Sep
18,250
14 Sep
17,300
15 Sep
17,920
16 Sep
22,675
17 Sep
18,545
18 Sep
24,270
Oct 25
5.08
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
05 Sep
161.10
06 Sep
194.59
07 Sep
164.05
08 Sep
163.87
09 Sep
157.58
10 Sep
151.26
11 Sep
174.14
12 Sep
184.32
13 Sep
177.27
14 Sep
180.73
15 Sep
158.82
16 Sep
123.78
17 Sep
81.23
18 Sep
99.60
05 Sep
167.80
06 Sep
198.47
07 Sep
166.20
08 Sep
166.37
09 Sep
168.77
10 Sep
156.44
11 Sep
180.05
12 Sep
189.32
13 Sep
177.18
14 Sep
177.13
15 Sep
163.65
16 Sep
129.69
17 Sep
86.98
18 Sep
112.09
05 Sep
163.48
06 Sep
192.44
07 Sep
164.23
08 Sep
160.53
09 Sep
155.02
10 Sep
155.12
11 Sep
172.31
12 Sep
179.42
13 Sep
178.73
14 Sep
181.36
15 Sep
159.01
16 Sep
122.48
17 Sep
79.76
18 Sep
96.46
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
12 Sep
243.0
13 Sep
223.3
14 Sep
215.6
15 Sep
230.9
16 Sep
226.3
17 Sep
224.6
18 Sep
230.8
06 Sep
0
07 Sep
0
08 Sep
4510
09 Sep
1558
10 Sep
1537
11 Sep
669
12 Sep
500
13 Sep
0
14 Sep
0
15 Sep
0
16 Sep
535
17 Sep
1286
18 Sep
0
19 Sep
0
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
12 Sep
0.00
13 Sep
0.00
14 Sep
0.00
15 Sep
0.00
16 Sep
0.00
17 Sep
0.00
18 Sep
0.00
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
12 Sep
56.94
13 Sep
56.94
14 Sep
56.94
15 Sep
56.97
16 Sep
57.00
17 Sep
57.01
18 Sep
57.06
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
12 Sep
57.10
13 Sep
57.10
14 Sep
57.10
15 Sep
57.11
16 Sep
57.13
17 Sep
57.15
18 Sep
57.15
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
88.28
13 Sep
54.60
14 Sep
72.85
15 Sep
81.51
16 Sep
71.12
17 Sep
49.69
18 Sep
46.72
19 Sep
52.59
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
87.85
13 Sep
91.79
14 Sep
89.61
15 Sep
88.77
16 Sep
90.17
17 Sep
92.38
18 Sep
93.24
19 Sep
92.52
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