Renewable Energy Certificates
Energy Attribute Certificate for New Zealand generators and businesses.
Daily VWAP (Delivered)
$ 12.31 /GJ
▼ 0.2 %
26 Feb
11.09
27 Feb
10.13
28 Feb
7.20
01 Mar
6.43
02 Mar
9.67
03 Mar
10.31
04 Mar
11.80
05 Mar
7.53
06 Mar
8.26
07 Mar
8.57
08 Mar
9.78
09 Mar
11.76
10 Mar
12.33
11 Mar
12.31
FRMI - (Monthly Price Index)
$ 10.06 /GJ
▲ 3.07 %
26 Feb
9.42
27 Feb
9.53
28 Feb
9.59
01 Mar
9.17
02 Mar
9.25
03 Mar
9.45
04 Mar
9.72
05 Mar
9.55
06 Mar
9.52
07 Mar
9.48
08 Mar
9.49
09 Mar
9.58
10 Mar
9.76
11 Mar
10.06
FRQI - (Quarterly Price Index)
$ 8.63 /GJ
▼ 0.36 %
26 Feb
8.83
27 Feb
8.82
28 Feb
8.80
01 Mar
8.77
02 Mar
8.76
03 Mar
8.76
04 Mar
8.78
05 Mar
8.76
06 Mar
8.75
07 Mar
8.74
08 Mar
8.72
09 Mar
8.70
10 Mar
8.66
11 Mar
8.63
Daily Volume (Delivered)
10,870 GJ
▲ 79.37 %
26 Feb
5,550
27 Feb
4,950
28 Feb
13,920
01 Mar
13,820
02 Mar
4,185
03 Mar
9,650
04 Mar
8,470
05 Mar
21,150
06 Mar
4,690
07 Mar
10,140
08 Mar
18,620
09 Mar
9,350
10 Mar
6,060
11 Mar
10,870
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
6.53
May 27
7.35
Average Price
$ 130.58 /MWh
▲ 18.64 %
26 Feb
92.15
27 Feb
93.90
28 Feb
59.18
01 Mar
73.93
02 Mar
83.23
03 Mar
114.63
04 Mar
120.67
05 Mar
100.71
06 Mar
70.05
07 Mar
84.31
08 Mar
69.79
09 Mar
108.69
10 Mar
110.06
11 Mar
130.58
Average Price
$ 144.86 /MWh
▲ 20.81 %
26 Feb
98.74
27 Feb
99.38
28 Feb
61.06
01 Mar
75.87
02 Mar
84.90
03 Mar
117.55
04 Mar
127.63
05 Mar
111.30
06 Mar
76.39
07 Mar
87.89
08 Mar
73.42
09 Mar
116.50
10 Mar
119.91
11 Mar
144.86
Average Price
$ 124.91 /MWh
▲ 16.54 %
26 Feb
89.90
27 Feb
86.54
28 Feb
61.09
01 Mar
86.11
02 Mar
90.16
03 Mar
112.76
04 Mar
115.64
05 Mar
97.29
06 Mar
69.22
07 Mar
83.10
08 Mar
69.60
09 Mar
105.87
10 Mar
107.18
11 Mar
124.91
National Demand
217.0 GW
▲ 0.42 %
26 Feb
218.7
27 Feb
213.7
28 Feb
192.2
01 Mar
193.6
02 Mar
215.9
03 Mar
220.0
04 Mar
213.6
05 Mar
213.3
06 Mar
210.4
07 Mar
194.0
08 Mar
193.0
09 Mar
214.8
10 Mar
216.1
11 Mar
217.0
Daily Volume (Traded)
0 NZU
▼ 100.0 %
27 Feb
0
28 Feb
0
01 Mar
0
02 Mar
300
03 Mar
0
04 Mar
0
05 Mar
2102
06 Mar
983
07 Mar
0
08 Mar
100
09 Mar
1500
10 Mar
320
11 Mar
532
12 Mar
0
Daily VWAP (Traded)
$ 0.00 NZU
- 0 %
26 Feb
0.00
27 Feb
0.00
28 Feb
0.00
01 Mar
0.00
02 Mar
0.00
03 Mar
0.00
04 Mar
0.00
05 Mar
0.00
06 Mar
0.00
07 Mar
0.00
08 Mar
0.00
09 Mar
0.00
10 Mar
0.00
11 Mar
0.00
ECMI (Monthly Price Index)
$ 41.82 NZU
▲ 0.64 %
26 Feb
40.23
27 Feb
40.57
28 Feb
40.57
01 Mar
40.37
02 Mar
40.57
03 Mar
40.57
04 Mar
40.69
05 Mar
40.76
06 Mar
40.83
07 Mar
41.04
08 Mar
41.06
09 Mar
41.37
10 Mar
41.55
11 Mar
41.82
ECQI (Quarterly Price Index)
$ 39.17 NZU
▲ 0.65 %
26 Feb
38.57
27 Feb
38.64
28 Feb
38.64
01 Mar
38.56
02 Mar
38.56
03 Mar
38.56
04 Mar
38.64
05 Mar
38.64
06 Mar
38.64
07 Mar
38.64
08 Mar
38.64
09 Mar
38.77
10 Mar
38.91
11 Mar
39.17
71.73 gkWh
▲ 12.25 %
27 Feb
51.94
28 Feb
45.22
01 Mar
45.78
02 Mar
44.67
03 Mar
42.96
04 Mar
45.99
05 Mar
46.21
06 Mar
42.75
07 Mar
44.99
08 Mar
41.53
09 Mar
43.80
10 Mar
42.83
11 Mar
63.90
12 Mar
71.73
92.44 %
▼ 1.36 %
27 Feb
94.87
28 Feb
96.09
01 Mar
95.87
02 Mar
95.55
03 Mar
95.67
04 Mar
95.24
05 Mar
95.23
06 Mar
95.84
07 Mar
95.71
08 Mar
95.97
09 Mar
95.24
10 Mar
95.31
11 Mar
93.71
12 Mar
92.44
Daily VWAP (Delivered)
$ 12.31 /GJ
▼ 0.2 %
FRMI - (Monthly Price Index)
$ 10.06 /GJ
▲ 3.07 %
FRQI - (Quarterly Price Index)
$ 8.63 /GJ
▼ 0.36 %
Daily Volume (Delivered)
10,870 GJ
▲ 79.37 %
BEN ➔ HAY
$ 9.53 /MW
▼ 3.64 %
Average Price
$ 130.58 /MWh
▲ 18.64 %
Average Price
$ 144.86 /MWh
▲ 20.81 %
Average Price
$ 124.91 /MWh
▲ 16.54 %
National Demand
217.0 GW
▲ 0.42 %
Daily Volume (Traded)
0 NZU
▼ 100.0 %
Daily VWAP (Traded)
$ 0.00 NZU
- 0 %
ECMI (Monthly Price Index)
$ 41.82 NZU
▲ 0.64 %
ECQI (Quarterly Price Index)
$ 39.17 NZU
▲ 0.65 %
71.73 gkWh
▲ 12.25 %
92.44 %
▼ 1.36 %
26 Feb
11.09
27 Feb
10.13
28 Feb
7.20
01 Mar
6.43
02 Mar
9.67
03 Mar
10.31
04 Mar
11.80
05 Mar
7.53
06 Mar
8.26
07 Mar
8.57
08 Mar
9.78
09 Mar
11.76
10 Mar
12.33
11 Mar
12.31
26 Feb
9.42
27 Feb
9.53
28 Feb
9.59
01 Mar
9.17
02 Mar
9.25
03 Mar
9.45
04 Mar
9.72
05 Mar
9.55
06 Mar
9.52
07 Mar
9.48
08 Mar
9.49
09 Mar
9.58
10 Mar
9.76
11 Mar
10.06
26 Feb
8.83
27 Feb
8.82
28 Feb
8.80
01 Mar
8.77
02 Mar
8.76
03 Mar
8.76
04 Mar
8.78
05 Mar
8.76
06 Mar
8.75
07 Mar
8.74
08 Mar
8.72
09 Mar
8.70
10 Mar
8.66
11 Mar
8.63
26 Feb
5,550
27 Feb
4,950
28 Feb
13,920
01 Mar
13,820
02 Mar
4,185
03 Mar
9,650
04 Mar
8,470
05 Mar
21,150
06 Mar
4,690
07 Mar
10,140
08 Mar
18,620
09 Mar
9,350
10 Mar
6,060
11 Mar
10,870
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
6.53
May 27
7.35
26 Feb
92.15
27 Feb
93.90
28 Feb
59.18
01 Mar
73.93
02 Mar
83.23
03 Mar
114.63
04 Mar
120.67
05 Mar
100.71
06 Mar
70.05
07 Mar
84.31
08 Mar
69.79
09 Mar
108.69
10 Mar
110.06
11 Mar
130.58
26 Feb
98.74
27 Feb
99.38
28 Feb
61.06
01 Mar
75.87
02 Mar
84.90
03 Mar
117.55
04 Mar
127.63
05 Mar
111.30
06 Mar
76.39
07 Mar
87.89
08 Mar
73.42
09 Mar
116.50
10 Mar
119.91
11 Mar
144.86
26 Feb
89.90
27 Feb
86.54
28 Feb
61.09
01 Mar
86.11
02 Mar
90.16
03 Mar
112.76
04 Mar
115.64
05 Mar
97.29
06 Mar
69.22
07 Mar
83.10
08 Mar
69.60
09 Mar
105.87
10 Mar
107.18
11 Mar
124.91
26 Feb
218.7
27 Feb
213.7
28 Feb
192.2
01 Mar
193.6
02 Mar
215.9
03 Mar
220.0
04 Mar
213.6
05 Mar
213.3
06 Mar
210.4
07 Mar
194.0
08 Mar
193.0
09 Mar
214.8
10 Mar
216.1
11 Mar
217.0
27 Feb
0
28 Feb
0
01 Mar
0
02 Mar
300
03 Mar
0
04 Mar
0
05 Mar
2102
06 Mar
983
07 Mar
0
08 Mar
100
09 Mar
1500
10 Mar
320
11 Mar
532
12 Mar
0
26 Feb
0.00
27 Feb
0.00
28 Feb
0.00
01 Mar
0.00
02 Mar
0.00
03 Mar
0.00
04 Mar
0.00
05 Mar
0.00
06 Mar
0.00
07 Mar
0.00
08 Mar
0.00
09 Mar
0.00
10 Mar
0.00
11 Mar
0.00
26 Feb
40.23
27 Feb
40.57
28 Feb
40.57
01 Mar
40.37
02 Mar
40.57
03 Mar
40.57
04 Mar
40.69
05 Mar
40.76
06 Mar
40.83
07 Mar
41.04
08 Mar
41.06
09 Mar
41.37
10 Mar
41.55
11 Mar
41.82
26 Feb
38.57
27 Feb
38.64
28 Feb
38.64
01 Mar
38.56
02 Mar
38.56
03 Mar
38.56
04 Mar
38.64
05 Mar
38.64
06 Mar
38.64
07 Mar
38.64
08 Mar
38.64
09 Mar
38.77
10 Mar
38.91
11 Mar
39.17
27 Feb
51.94
28 Feb
45.22
01 Mar
45.78
02 Mar
44.67
03 Mar
42.96
04 Mar
45.99
05 Mar
46.21
06 Mar
42.75
07 Mar
44.99
08 Mar
41.53
09 Mar
43.80
10 Mar
42.83
11 Mar
63.90
12 Mar
71.73
27 Feb
94.87
28 Feb
96.09
01 Mar
95.87
02 Mar
95.55
03 Mar
95.67
04 Mar
95.24
05 Mar
95.23
06 Mar
95.84
07 Mar
95.71
08 Mar
95.97
09 Mar
95.24
10 Mar
95.31
11 Mar
93.71
12 Mar
92.44
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