Updated may 2025
What is I-REC(E)
I-REC(E) is defined within the I-REC(E) Product Code which defines all procedures and processes relevant to the facilitation of the I-REC for Electricity Product.
I-REC(E) operates under the governance of the I-Track that has its own I-REC for Electricity webpage for further information relating to the wider product and its use around the world
We have included the I-REC(E) product code in all of our customer onboarding packs, so go to the Onboarding to IREC(E) page to download.
Learn more about I-TRACK
Evident's Role within I-REC(E)
Evident, On behalf of I-TRACK operate IREC(E) Product through ownership of the Product code and deliver the Evident Web Portal that enables all I-REC(E) operation.
As part of sign up to I-REC(E) you will gain access to the Web Portal to perform all I-REC(E) related tasks.
Access to the Evident Portal is via the following link Evident Registry or via the 'Login to I-REC' link at the top of this page.
Learn more about Evident.
Operational Roles within I-REC(E)
The I-REC(E) product operates with two roles:
- Registrant who will generate and Claim RECs
- Participant who can trade and redeem Claimed RECs.
As part of your sign up to I-REC(E) you will be asked to confirm the roles that you want to operate.
These roles are described in the I-REC(E) Roles page to allow you to get an initial understanding of your obligations under I-REC(E) and we advise that you refer to the I-REC(E) product code for more detail.
If you need some assistance in making a decision about which I-REC(E) role you want to deliver please contact us at Email EMS.
Residual Supply Mix (RSM)
RSM for I-REC(E) is handled by I-Track Foundation that governs the I-REC product.
I-Track provide the following website with RSM information for all of the markets the product is accredited to operate in I-REC(E) Residual Mix • I-TRACK
I-Track are using publicly available data to produce the NZ RSM calculations via the NORSUS’ Methodology for Residual Mix calculation.
I-Track report per calendar year and currently is reporting 2023 vintage. NZ I-REC(E) RECs are 2024 vintage and older and so will be visible when the 2024 data is published.
Labels
To provide additionality to newer generation RECs EMS has enabled the following labels for applicable Generation Facilities
New Zealand New Renewable Generation
This label is to identify new New Zealand built sustainable generation from older existing sustainable generation. The new sustainable generation has been deployed in accordance with the NZ Zero Carbon Act Climate Change Response Zero Carbon Amendment Bill: Summary (environment.govt.nz)
The purpose of the label is to recognise facilities that have been commissioned and operate in alignment with this Act.
New Zealand New Renewable Generation – Contract Backed
This label allows for New Renewable Generation owners where suitable to identify that their Facilities have been commissioned with a PPA.
NZ I-REC(E) Device Register
Evident as product owner provides the following Device Register - IREC for all I-REC(E) deployments worldwide, locate NZ on the map to identify the Facilities operating within I-REC(E) NZ
Additional I-REC(E) information
For information on Fees, go to our Fees page
For information on I-REC(E) roles go to our I-REC(E) Roles page
We have a great FAQ's page which may answer your questions I-REC(E) FAQs
For information on how you access the Evident portal go to our Evident Registry page