Renewable Energy Credits (RECs), also known as Renewable Energy Certificates, are tradable, non-tangible energy commodities that represent proof that one megawatt-hour (MWh) of electricity was generated from an eligible renewable energy resource, such as wind, solar, hydro, or biomass. Renewable Energy Credits play a crucial role in the transition to a cleaner energy system by providing financial support to renewable energy projects and offering businesses and individuals a way to participate in the renewable energy market. However, their effectiveness and impact depend on proper regulation, tracking, and alignment with broader environmental goals.
The global Renewable Energy Credits (RECs) market was valued at US$ 12720 million in 2023 and is anticipated to reach US$ 66710 million by 2030, witnessing a CAGR of 26.7% during the forecast period 2024-2030.
North American market for Renewable Energy Credits (RECs) is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Renewable Energy Credits (RECs) is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Renewable Energy Credits (RECs) in Corporate Carbon Offsets is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Renewable Energy Credits (RECs) include NextEra Energy Resources, Targray, REDEX, Terrapass, South Pole, ClimeCo, 3Degrees, Native, BEF, Anew, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Renewable Energy Credits (RECs), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Renewable Energy Credits (RECs).
The Renewable Energy Credits (RECs) market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Renewable Energy Credits (RECs) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Renewable Energy Credits (RECs) companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
麻豆原创 Segmentation
By Company
NextEra Energy Resources
Targray
REDEX
Terrapass
South Pole
ClimeCo
3Degrees
Native
BEF
Anew
GO2 麻豆原创s
Segment by Type
Bundled
Unbundled
Segment by Application
Corporate Carbon Offsets
Government Compliance
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Renewable Energy Credits (RECs) company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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1 Report Overview
1.1 Study Scope
1.2 麻豆原创 Analysis by Type
1.2.1 Global Renewable Energy Credits (RECs) 麻豆原创 Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Bundled
1.2.3 Unbundled
1.3 麻豆原创 by Application
1.3.1 Global Renewable Energy Credits (RECs) 麻豆原创 Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Corporate Carbon Offsets
1.3.3 Government Compliance
1.3.4 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Renewable Energy Credits (RECs) 麻豆原创 Perspective (2019-2030)
2.2 Global Renewable Energy Credits (RECs) Growth Trends by Region
2.2.1 Global Renewable Energy Credits (RECs) 麻豆原创 Size by Region: 2019 VS 2023 VS 2030
2.2.2 Renewable Energy Credits (RECs) Historic 麻豆原创 Size by Region (2019-2024)
2.2.3 Renewable Energy Credits (RECs) Forecasted 麻豆原创 Size by Region (2025-2030)
2.3 Renewable Energy Credits (RECs) 麻豆原创 Dynamics
2.3.1 Renewable Energy Credits (RECs) Industry Trends
2.3.2 Renewable Energy Credits (RECs) 麻豆原创 Drivers
2.3.3 Renewable Energy Credits (RECs) 麻豆原创 Challenges
2.3.4 Renewable Energy Credits (RECs) 麻豆原创 Restraints
3 Competition Landscape by Key Players
3.1 Global Top Renewable Energy Credits (RECs) Players by Revenue
3.1.1 Global Top Renewable Energy Credits (RECs) Players by Revenue (2019-2024)
3.1.2 Global Renewable Energy Credits (RECs) Revenue 麻豆原创 Share by Players (2019-2024)
3.2 Global Renewable Energy Credits (RECs) 麻豆原创 Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Renewable Energy Credits (RECs) Revenue
3.4 Global Renewable Energy Credits (RECs) 麻豆原创 Concentration Ratio
3.4.1 Global Renewable Energy Credits (RECs) 麻豆原创 Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Renewable Energy Credits (RECs) Revenue in 2023
3.5 Global Key Players of Renewable Energy Credits (RECs) Head office and Area Served
3.6 Global Key Players of Renewable Energy Credits (RECs), Product and Application
3.7 Global Key Players of Renewable Energy Credits (RECs), Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Renewable Energy Credits (RECs) Breakdown Data by Type
4.1 Global Renewable Energy Credits (RECs) Historic 麻豆原创 Size by Type (2019-2024)
4.2 Global Renewable Energy Credits (RECs) Forecasted 麻豆原创 Size by Type (2025-2030)
5 Renewable Energy Credits (RECs) Breakdown Data by Application
5.1 Global Renewable Energy Credits (RECs) Historic 麻豆原创 Size by Application (2019-2024)
5.2 Global Renewable Energy Credits (RECs) Forecasted 麻豆原创 Size by Application (2025-2030)
6 North America
6.1 North America Renewable Energy Credits (RECs) 麻豆原创 Size (2019-2030)
6.2 North America Renewable Energy Credits (RECs) 麻豆原创 Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Renewable Energy Credits (RECs) 麻豆原创 Size by Country (2019-2024)
6.4 North America Renewable Energy Credits (RECs) 麻豆原创 Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Renewable Energy Credits (RECs) 麻豆原创 Size (2019-2030)
7.2 Europe Renewable Energy Credits (RECs) 麻豆原创 Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Renewable Energy Credits (RECs) 麻豆原创 Size by Country (2019-2024)
7.4 Europe Renewable Energy Credits (RECs) 麻豆原创 Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Renewable Energy Credits (RECs) 麻豆原创 Size (2019-2030)
8.2 Asia-Pacific Renewable Energy Credits (RECs) 麻豆原创 Growth Rate by Country: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Renewable Energy Credits (RECs) 麻豆原创 Size by Region (2019-2024)
8.4 Asia-Pacific Renewable Energy Credits (RECs) 麻豆原创 Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Renewable Energy Credits (RECs) 麻豆原创 Size (2019-2030)
9.2 Latin America Renewable Energy Credits (RECs) 麻豆原创 Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Renewable Energy Credits (RECs) 麻豆原创 Size by Country (2019-2024)
9.4 Latin America Renewable Energy Credits (RECs) 麻豆原创 Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Renewable Energy Credits (RECs) 麻豆原创 Size (2019-2030)
10.2 Middle East & Africa Renewable Energy Credits (RECs) 麻豆原创 Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Renewable Energy Credits (RECs) 麻豆原创 Size by Country (2019-2024)
10.4 Middle East & Africa Renewable Energy Credits (RECs) 麻豆原创 Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 NextEra Energy Resources
11.1.1 NextEra Energy Resources Company Details
11.1.2 NextEra Energy Resources Business Overview
11.1.3 NextEra Energy Resources Renewable Energy Credits (RECs) Introduction
11.1.4 NextEra Energy Resources Revenue in Renewable Energy Credits (RECs) Business (2019-2024)
11.1.5 NextEra Energy Resources Recent Development
11.2 Targray
11.2.1 Targray Company Details
11.2.2 Targray Business Overview
11.2.3 Targray Renewable Energy Credits (RECs) Introduction
11.2.4 Targray Revenue in Renewable Energy Credits (RECs) Business (2019-2024)
11.2.5 Targray Recent Development
11.3 REDEX
11.3.1 REDEX Company Details
11.3.2 REDEX Business Overview
11.3.3 REDEX Renewable Energy Credits (RECs) Introduction
11.3.4 REDEX Revenue in Renewable Energy Credits (RECs) Business (2019-2024)
11.3.5 REDEX Recent Development
11.4 Terrapass
11.4.1 Terrapass Company Details
11.4.2 Terrapass Business Overview
11.4.3 Terrapass Renewable Energy Credits (RECs) Introduction
11.4.4 Terrapass Revenue in Renewable Energy Credits (RECs) Business (2019-2024)
11.4.5 Terrapass Recent Development
11.5 South Pole
11.5.1 South Pole Company Details
11.5.2 South Pole Business Overview
11.5.3 South Pole Renewable Energy Credits (RECs) Introduction
11.5.4 South Pole Revenue in Renewable Energy Credits (RECs) Business (2019-2024)
11.5.5 South Pole Recent Development
11.6 ClimeCo
11.6.1 ClimeCo Company Details
11.6.2 ClimeCo Business Overview
11.6.3 ClimeCo Renewable Energy Credits (RECs) Introduction
11.6.4 ClimeCo Revenue in Renewable Energy Credits (RECs) Business (2019-2024)
11.6.5 ClimeCo Recent Development
11.7 3Degrees
11.7.1 3Degrees Company Details
11.7.2 3Degrees Business Overview
11.7.3 3Degrees Renewable Energy Credits (RECs) Introduction
11.7.4 3Degrees Revenue in Renewable Energy Credits (RECs) Business (2019-2024)
11.7.5 3Degrees Recent Development
11.8 Native
11.8.1 Native Company Details
11.8.2 Native Business Overview
11.8.3 Native Renewable Energy Credits (RECs) Introduction
11.8.4 Native Revenue in Renewable Energy Credits (RECs) Business (2019-2024)
11.8.5 Native Recent Development
11.9 BEF
11.9.1 BEF Company Details
11.9.2 BEF Business Overview
11.9.3 BEF Renewable Energy Credits (RECs) Introduction
11.9.4 BEF Revenue in Renewable Energy Credits (RECs) Business (2019-2024)
11.9.5 BEF Recent Development
11.10 Anew
11.10.1 Anew Company Details
11.10.2 Anew Business Overview
11.10.3 Anew Renewable Energy Credits (RECs) Introduction
11.10.4 Anew Revenue in Renewable Energy Credits (RECs) Business (2019-2024)
11.10.5 Anew Recent Development
11.11 GO2 麻豆原创s
11.11.1 GO2 麻豆原创s Company Details
11.11.2 GO2 麻豆原创s Business Overview
11.11.3 GO2 麻豆原创s Renewable Energy Credits (RECs) Introduction
11.11.4 GO2 麻豆原创s Revenue in Renewable Energy Credits (RECs) Business (2019-2024)
11.11.5 GO2 麻豆原创s Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 麻豆原创 Size Estimation
13.1.1.3 麻豆原创 Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
NextEra Energy Resources
Targray
REDEX
Terrapass
South Pole
ClimeCo
3Degrees
Native
BEF
Anew
GO2 麻豆原创s
听
听
*If Applicable.