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

Daily VWAP (Delivered)
$ 19.34 /GJ
▲ 25.1 %
22 May
19.12
23 May
18.95
24 May
17.73
25 May
16.52
26 May
17.53
27 May
19.37
28 May
18.72
29 May
19.73
30 May
14.31
31 May
12.25
01 Jun
14.84
02 Jun
19.13
03 Jun
15.46
04 Jun
19.34
FRMI - (Monthly Price Index)
$ 19.01 /GJ
▼ 0.45 %
22 May
21.01
23 May
21.07
24 May
21.08
25 May
21.22
26 May
21.16
27 May
20.45
28 May
20.17
29 May
20.14
30 May
19.99
31 May
19.78
01 Jun
19.68
02 Jun
19.72
03 Jun
19.10
04 Jun
19.01
FRQI - (Quarterly Price Index)
$ 20.15 /GJ
▲ 0.02 %
22 May
20.50
23 May
20.49
24 May
20.46
25 May
20.44
26 May
20.38
27 May
20.38
28 May
20.37
29 May
20.37
30 May
20.29
31 May
20.21
01 Jun
20.18
02 Jun
20.19
03 Jun
20.14
04 Jun
20.15
Daily Volume (Delivered)
7,740 GJ
▼ 34.13 %
22 May
8,595
23 May
9,120
24 May
11,550
25 May
7,250
26 May
11,100
27 May
7,030
28 May
8,125
29 May
6,100
30 May
12,590
31 May
11,150
01 Jun
4,750
02 Jun
7,450
03 Jun
11,750
04 Jun
7,740
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
$ 1.48 /MW
▲ 11.28 %
Jul 25
1.48
Aug 25
1.40
Sep 25
2.74
Oct 25
0.80
Nov 25
0.90
Dec 25
0.76
Jan 26
0.76
Feb 26
2.50
Mar 26
1.70
Apr 26
1.27
May 26
1.61
Jun 26
1.17
Jul 26
1.28
Aug 26
1.27
BEN ➔ HAY
$ 4.50 /MW
▼ 15.89 %
Jul 25
4.50
Aug 25
6.70
Sep 25
13.73
Oct 25
6.60
Nov 25
4.83
Dec 25
4.00
Jan 26
5.11
Feb 26
28.03
Mar 26
16.64
Apr 26
16.93
May 26
14.54
Jun 26
11.37
Jul 26
12.00
Aug 26
13.32
Average Price
$ 107.02 /MWh
▲ 28.8 %
21 May
182.57
22 May
150.45
23 May
148.93
24 May
181.82
25 May
93.02
26 May
130.52
27 May
180.20
28 May
204.35
29 May
150.70
30 May
118.94
31 May
74.55
01 Jun
60.07
02 Jun
83.09
03 Jun
107.02
Average Price
$ 122.07 /MWh
▲ 37.28 %
21 May
190.90
22 May
160.78
23 May
160.33
24 May
184.53
25 May
94.90
26 May
139.98
27 May
186.45
28 May
212.08
29 May
159.56
30 May
127.10
31 May
76.86
01 Jun
61.69
02 Jun
88.92
03 Jun
122.07
Average Price
$ 104.28 /MWh
▲ 27.39 %
21 May
177.00
22 May
146.35
23 May
141.91
24 May
178.61
25 May
97.51
26 May
128.37
27 May
122.76
28 May
200.11
29 May
146.72
30 May
118.09
31 May
77.58
01 Jun
59.98
02 Jun
81.86
03 Jun
104.28
National Demand
231.6 GW
▲ 1.53 %
22 May
237.1
23 May
229.6
24 May
212.6
25 May
206.8
26 May
221.4
27 May
224.5
28 May
234.8
29 May
229.6
30 May
225.3
31 May
204.7
01 Jun
202.0
02 Jun
206.4
03 Jun
228.1
04 Jun
231.6
Daily Volume (Traded)
0 NZU
▼ 100.0 %
23 May
0
24 May
0
25 May
0
26 May
69
27 May
757
28 May
937
29 May
1258
30 May
1260
31 May
0
01 Jun
0
02 Jun
0
03 Jun
1955
04 Jun
100
05 Jun
0
Daily VWAP (Traded)
$ 0.00 NZU
- 0 %
22 May
0.00
23 May
0.00
24 May
0.00
25 May
0.00
26 May
0.00
27 May
0.00
28 May
0.00
29 May
0.00
30 May
0.00
31 May
0.00
01 Jun
0.00
02 Jun
0.00
03 Jun
0.00
04 Jun
0.00
ECMI (Monthly Price Index)
$ 52.26 NZU
▲ 0.48 %
22 May
50.86
23 May
50.88
24 May
51.00
25 May
51.00
26 May
51.00
27 May
51.00
28 May
51.00
29 May
51.05
30 May
51.20
31 May
51.23
01 Jun
51.84
02 Jun
51.84
03 Jun
52.01
04 Jun
52.26
ECQI (Quarterly Price Index)
$ 55.95 NZU
▼ 0.3 %
22 May
57.03
23 May
57.03
24 May
57.03
25 May
57.03
26 May
56.97
27 May
56.85
28 May
56.81
29 May
56.78
30 May
56.43
31 May
56.43
01 Jun
56.43
02 Jun
56.14
03 Jun
56.12
04 Jun
55.95
59.50 gkWh
▼ 23.7 %
23 May
118.74
24 May
108.29
25 May
89.42
26 May
84.56
27 May
116.51
28 May
96.29
29 May
72.62
30 May
58.09
31 May
53.67
01 Jun
58.40
02 Jun
55.88
03 Jun
71.23
04 Jun
77.98
05 Jun
59.50
91.57 %
▲ 2.78 %
23 May
83.84
24 May
85.24
25 May
87.98
26 May
88.11
27 May
84.51
28 May
86.36
29 May
89.30
30 May
90.76
31 May
92.20
01 Jun
91.15
02 Jun
91.62
03 Jun
90.27
04 Jun
89.09
05 Jun
91.57
Daily VWAP (Delivered)
$ 19.34 /GJ
▲ 25.1 %
FRMI - (Monthly Price Index)
$ 19.01 /GJ
▼ 0.45 %
FRQI - (Quarterly Price Index)
$ 20.15 /GJ
▲ 0.02 %
Daily Volume (Delivered)
7,740 GJ
▼ 34.13 %
Carbon emissions index
123.29
▼ 0.01 %
HAY ➔ BEN
$ 0.79 /MW
▼ 5.95 %
BEN ➔ HAY
$ 9.53 /MW
▼ 3.64 %
Average Price
$ 107.02 /MWh
▲ 28.8 %
Average Price
$ 122.07 /MWh
▲ 37.28 %
Average Price
$ 104.28 /MWh
▲ 27.39 %
National Demand
231.6 GW
▲ 1.53 %
Daily Volume (Traded)
0 NZU
▼ 100.0 %
Daily VWAP (Traded)
$ 0.00 NZU
- 0 %
ECMI (Monthly Price Index)
$ 52.26 NZU
▲ 0.48 %
ECQI (Quarterly Price Index)
$ 55.95 NZU
▼ 0.3 %
59.50 gkWh
▼ 23.7 %
91.57 %
▲ 2.78 %
22 May
19.12
23 May
18.95
24 May
17.73
25 May
16.52
26 May
17.53
27 May
19.37
28 May
18.72
29 May
19.73
30 May
14.31
31 May
12.25
01 Jun
14.84
02 Jun
19.13
03 Jun
15.46
04 Jun
19.34
22 May
21.01
23 May
21.07
24 May
21.08
25 May
21.22
26 May
21.16
27 May
20.45
28 May
20.17
29 May
20.14
30 May
19.99
31 May
19.78
01 Jun
19.68
02 Jun
19.72
03 Jun
19.10
04 Jun
19.01
22 May
20.50
23 May
20.49
24 May
20.46
25 May
20.44
26 May
20.38
27 May
20.38
28 May
20.37
29 May
20.37
30 May
20.29
31 May
20.21
01 Jun
20.18
02 Jun
20.19
03 Jun
20.14
04 Jun
20.15
22 May
8,595
23 May
9,120
24 May
11,550
25 May
7,250
26 May
11,100
27 May
7,030
28 May
8,125
29 May
6,100
30 May
12,590
31 May
11,150
01 Jun
4,750
02 Jun
7,450
03 Jun
11,750
04 Jun
7,740
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
Jul 25
1.48
Aug 25
1.40
Sep 25
2.74
Oct 25
0.80
Nov 25
0.90
Dec 25
0.76
Jan 26
0.76
Feb 26
2.50
Mar 26
1.70
Apr 26
1.27
May 26
1.61
Jun 26
1.17
Jul 26
1.28
Aug 26
1.27
Jul 25
4.50
Aug 25
6.70
Sep 25
13.73
Oct 25
6.60
Nov 25
4.83
Dec 25
4.00
Jan 26
5.11
Feb 26
28.03
Mar 26
16.64
Apr 26
16.93
May 26
14.54
Jun 26
11.37
Jul 26
12.00
Aug 26
13.32
21 May
182.57
22 May
150.45
23 May
148.93
24 May
181.82
25 May
93.02
26 May
130.52
27 May
180.20
28 May
204.35
29 May
150.70
30 May
118.94
31 May
74.55
01 Jun
60.07
02 Jun
83.09
03 Jun
107.02
21 May
190.90
22 May
160.78
23 May
160.33
24 May
184.53
25 May
94.90
26 May
139.98
27 May
186.45
28 May
212.08
29 May
159.56
30 May
127.10
31 May
76.86
01 Jun
61.69
02 Jun
88.92
03 Jun
122.07
21 May
177.00
22 May
146.35
23 May
141.91
24 May
178.61
25 May
97.51
26 May
128.37
27 May
122.76
28 May
200.11
29 May
146.72
30 May
118.09
31 May
77.58
01 Jun
59.98
02 Jun
81.86
03 Jun
104.28
22 May
237.1
23 May
229.6
24 May
212.6
25 May
206.8
26 May
221.4
27 May
224.5
28 May
234.8
29 May
229.6
30 May
225.3
31 May
204.7
01 Jun
202.0
02 Jun
206.4
03 Jun
228.1
04 Jun
231.6
23 May
0
24 May
0
25 May
0
26 May
69
27 May
757
28 May
937
29 May
1258
30 May
1260
31 May
0
01 Jun
0
02 Jun
0
03 Jun
1955
04 Jun
100
05 Jun
0
22 May
0.00
23 May
0.00
24 May
0.00
25 May
0.00
26 May
0.00
27 May
0.00
28 May
0.00
29 May
0.00
30 May
0.00
31 May
0.00
01 Jun
0.00
02 Jun
0.00
03 Jun
0.00
04 Jun
0.00
22 May
50.86
23 May
50.88
24 May
51.00
25 May
51.00
26 May
51.00
27 May
51.00
28 May
51.00
29 May
51.05
30 May
51.20
31 May
51.23
01 Jun
51.84
02 Jun
51.84
03 Jun
52.01
04 Jun
52.26
22 May
57.03
23 May
57.03
24 May
57.03
25 May
57.03
26 May
56.97
27 May
56.85
28 May
56.81
29 May
56.78
30 May
56.43
31 May
56.43
01 Jun
56.43
02 Jun
56.14
03 Jun
56.12
04 Jun
55.95
23 May
118.74
24 May
108.29
25 May
89.42
26 May
84.56
27 May
116.51
28 May
96.29
29 May
72.62
30 May
58.09
31 May
53.67
01 Jun
58.40
02 Jun
55.88
03 Jun
71.23
04 Jun
77.98
05 Jun
59.50
23 May
83.84
24 May
85.24
25 May
87.98
26 May
88.11
27 May
84.51
28 May
86.36
29 May
89.30
30 May
90.76
31 May
92.20
01 Jun
91.15
02 Jun
91.62
03 Jun
90.27
04 Jun
89.09
05 Jun
91.57
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