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

Daily VWAP (Delivered)
$ 15.11 /GJ
▲ 4.54 %
25 Jun
16.16
26 Jun
16.00
27 Jun
12.89
28 Jun
13.48
29 Jun
13.51
30 Jun
11.18
01 Jul
11.06
02 Jul
14.71
03 Jul
16.29
04 Jul
13.60
05 Jul
14.47
06 Jul
12.90
07 Jul
14.45
08 Jul
15.11
FRMI - (Monthly Price Index)
$ 15.62 /GJ
▼ 0.58 %
25 Jun
17.07
26 Jun
16.98
27 Jun
16.65
28 Jun
16.49
29 Jun
16.44
30 Jun
16.41
01 Jul
16.25
02 Jul
16.21
03 Jul
16.18
04 Jul
16.10
05 Jul
16.00
06 Jul
15.89
07 Jul
15.72
08 Jul
15.62
FRQI - (Quarterly Price Index)
$ 17.71 /GJ
▼ 0.36 %
25 Jun
19.37
26 Jun
19.30
27 Jun
19.06
28 Jun
18.96
29 Jun
18.86
30 Jun
18.67
01 Jul
18.58
02 Jul
18.34
03 Jul
18.19
04 Jul
17.97
05 Jul
17.90
06 Jul
17.86
07 Jul
17.77
08 Jul
17.71
Daily Volume (Delivered)
22,650 GJ
▼ 12.55 %
25 Jun
22,030
26 Jun
18,150
27 Jun
32,900
28 Jun
17,500
29 Jun
14,500
30 Jun
13,590
01 Jul
14,100
02 Jul
16,940
03 Jul
12,380
04 Jul
21,100
05 Jul
18,640
06 Jul
12,990
07 Jul
25,900
08 Jul
22,650
BEN ➔ HAY
$ 5.45 /MW
▲ 25.87 %
Aug 25
5.45
Sep 25
8.52
Oct 25
6.60
Nov 25
4.83
Dec 25
4.00
Jan 26
4.86
Feb 26
28.72
Mar 26
12.71
Apr 26
16.93
May 26
14.54
Jun 26
11.37
Jul 26
10.88
Aug 26
11.29
Sep 26
11.55
Average Price
$ 48.58 /MWh
▲ 21.88 %
25 Jun
124.31
26 Jun
56.13
27 Jun
93.99
28 Jun
26.29
29 Jun
22.82
30 Jun
14.40
01 Jul
133.76
02 Jul
184.46
03 Jul
133.88
04 Jul
40.98
05 Jul
3.62
06 Jul
49.26
07 Jul
39.86
08 Jul
48.58
Average Price
$ 51.84 /MWh
▲ 24.23 %
25 Jun
134.88
26 Jun
59.85
27 Jun
96.56
28 Jun
25.93
29 Jun
23.27
30 Jun
14.94
01 Jul
139.59
02 Jul
186.07
03 Jul
135.91
04 Jul
40.51
05 Jul
3.43
06 Jul
48.68
07 Jul
41.73
08 Jul
51.84
Average Price
$ 46.37 /MWh
▲ 17.6 %
25 Jun
121.70
26 Jun
56.20
27 Jun
91.36
28 Jun
26.34
29 Jun
22.39
30 Jun
14.87
01 Jul
127.09
02 Jul
180.31
03 Jul
130.51
04 Jul
41.24
05 Jul
6.50
06 Jul
49.69
07 Jul
39.43
08 Jul
46.37
National Demand
251.8 GW
▲ 0.68 %
25 Jun
242.7
26 Jun
227.9
27 Jun
230.7
28 Jun
215.9
29 Jun
213.5
30 Jun
236.5
01 Jul
244.4
02 Jul
253.8
03 Jul
248.7
04 Jul
230.3
05 Jul
211.8
06 Jul
217.5
07 Jul
250.1
08 Jul
251.8
Daily Volume (Traded)
0 NZU
▼ 100.0 %
26 Jun
0
27 Jun
0
28 Jun
0
29 Jun
0
30 Jun
225
01 Jul
0
02 Jul
0
03 Jul
1495
04 Jul
1366
05 Jul
0
06 Jul
0
07 Jul
595
08 Jul
650
09 Jul
0
Daily VWAP (Traded)
$ 0.00 NZU
- 0 %
25 Jun
0.00
26 Jun
0.00
27 Jun
0.00
28 Jun
0.00
29 Jun
0.00
30 Jun
0.00
01 Jul
0.00
02 Jul
0.00
03 Jul
0.00
04 Jul
0.00
05 Jul
0.00
06 Jul
0.00
07 Jul
0.00
08 Jul
0.00
ECMI (Monthly Price Index)
$ 56.72 NZU
▲ 0.03 %
25 Jun
56.12
26 Jun
56.25
27 Jun
56.26
28 Jun
56.33
29 Jun
56.37
30 Jun
56.37
01 Jul
56.37
02 Jul
56.39
03 Jul
56.39
04 Jul
56.46
05 Jul
56.55
06 Jul
56.68
07 Jul
56.70
08 Jul
56.72
ECQI (Quarterly Price Index)
$ 53.81 NZU
▼ 0.06 %
25 Jun
54.55
26 Jun
54.37
27 Jun
54.34
28 Jun
54.34
29 Jun
54.34
30 Jun
54.12
01 Jul
54.12
02 Jul
54.05
03 Jul
54.04
04 Jul
53.83
05 Jul
53.78
06 Jul
53.78
07 Jul
53.85
08 Jul
53.81
50.81 gkWh
▼ 8.86 %
26 Jun
60.00
27 Jun
61.10
28 Jun
56.75
29 Jun
57.29
30 Jun
43.74
01 Jul
55.08
02 Jul
63.62
03 Jul
50.64
04 Jul
44.94
05 Jul
47.24
06 Jul
46.70
07 Jul
60.30
08 Jul
55.75
09 Jul
50.81
92.89 %
▲ 0.57 %
26 Jun
89.71
27 Jun
89.57
28 Jun
91.24
29 Jun
91.43
30 Jun
94.45
01 Jul
92.74
02 Jul
91.26
03 Jul
92.79
04 Jul
93.73
05 Jul
93.50
06 Jul
93.73
07 Jul
92.01
08 Jul
92.36
09 Jul
92.89
Daily VWAP (Delivered)
$ 15.11 /GJ
▲ 4.54 %
FRMI - (Monthly Price Index)
$ 15.62 /GJ
▼ 0.58 %
FRQI - (Quarterly Price Index)
$ 17.71 /GJ
▼ 0.36 %
Daily Volume (Delivered)
22,650 GJ
▼ 12.55 %
BEN ➔ HAY
$ 9.53 /MW
▼ 3.64 %
Average Price
$ 48.58 /MWh
▲ 21.88 %
Average Price
$ 51.84 /MWh
▲ 24.23 %
Average Price
$ 46.37 /MWh
▲ 17.6 %
National Demand
251.8 GW
▲ 0.68 %
Daily Volume (Traded)
0 NZU
▼ 100.0 %
Daily VWAP (Traded)
$ 0.00 NZU
- 0 %
ECMI (Monthly Price Index)
$ 56.72 NZU
▲ 0.03 %
ECQI (Quarterly Price Index)
$ 53.81 NZU
▼ 0.06 %
50.81 gkWh
▼ 8.86 %
92.89 %
▲ 0.57 %
25 Jun
16.16
26 Jun
16.00
27 Jun
12.89
28 Jun
13.48
29 Jun
13.51
30 Jun
11.18
01 Jul
11.06
02 Jul
14.71
03 Jul
16.29
04 Jul
13.60
05 Jul
14.47
06 Jul
12.90
07 Jul
14.45
08 Jul
15.11
25 Jun
17.07
26 Jun
16.98
27 Jun
16.65
28 Jun
16.49
29 Jun
16.44
30 Jun
16.41
01 Jul
16.25
02 Jul
16.21
03 Jul
16.18
04 Jul
16.10
05 Jul
16.00
06 Jul
15.89
07 Jul
15.72
08 Jul
15.62
25 Jun
19.37
26 Jun
19.30
27 Jun
19.06
28 Jun
18.96
29 Jun
18.86
30 Jun
18.67
01 Jul
18.58
02 Jul
18.34
03 Jul
18.19
04 Jul
17.97
05 Jul
17.90
06 Jul
17.86
07 Jul
17.77
08 Jul
17.71
25 Jun
22,030
26 Jun
18,150
27 Jun
32,900
28 Jun
17,500
29 Jun
14,500
30 Jun
13,590
01 Jul
14,100
02 Jul
16,940
03 Jul
12,380
04 Jul
21,100
05 Jul
18,640
06 Jul
12,990
07 Jul
25,900
08 Jul
22,650
Aug 25
5.45
Sep 25
8.52
Oct 25
6.60
Nov 25
4.83
Dec 25
4.00
Jan 26
4.86
Feb 26
28.72
Mar 26
12.71
Apr 26
16.93
May 26
14.54
Jun 26
11.37
Jul 26
10.88
Aug 26
11.29
Sep 26
11.55
25 Jun
124.31
26 Jun
56.13
27 Jun
93.99
28 Jun
26.29
29 Jun
22.82
30 Jun
14.40
01 Jul
133.76
02 Jul
184.46
03 Jul
133.88
04 Jul
40.98
05 Jul
3.62
06 Jul
49.26
07 Jul
39.86
08 Jul
48.58
25 Jun
134.88
26 Jun
59.85
27 Jun
96.56
28 Jun
25.93
29 Jun
23.27
30 Jun
14.94
01 Jul
139.59
02 Jul
186.07
03 Jul
135.91
04 Jul
40.51
05 Jul
3.43
06 Jul
48.68
07 Jul
41.73
08 Jul
51.84
25 Jun
121.70
26 Jun
56.20
27 Jun
91.36
28 Jun
26.34
29 Jun
22.39
30 Jun
14.87
01 Jul
127.09
02 Jul
180.31
03 Jul
130.51
04 Jul
41.24
05 Jul
6.50
06 Jul
49.69
07 Jul
39.43
08 Jul
46.37
25 Jun
242.7
26 Jun
227.9
27 Jun
230.7
28 Jun
215.9
29 Jun
213.5
30 Jun
236.5
01 Jul
244.4
02 Jul
253.8
03 Jul
248.7
04 Jul
230.3
05 Jul
211.8
06 Jul
217.5
07 Jul
250.1
08 Jul
251.8
26 Jun
0
27 Jun
0
28 Jun
0
29 Jun
0
30 Jun
225
01 Jul
0
02 Jul
0
03 Jul
1495
04 Jul
1366
05 Jul
0
06 Jul
0
07 Jul
595
08 Jul
650
09 Jul
0
25 Jun
0.00
26 Jun
0.00
27 Jun
0.00
28 Jun
0.00
29 Jun
0.00
30 Jun
0.00
01 Jul
0.00
02 Jul
0.00
03 Jul
0.00
04 Jul
0.00
05 Jul
0.00
06 Jul
0.00
07 Jul
0.00
08 Jul
0.00
25 Jun
56.12
26 Jun
56.25
27 Jun
56.26
28 Jun
56.33
29 Jun
56.37
30 Jun
56.37
01 Jul
56.37
02 Jul
56.39
03 Jul
56.39
04 Jul
56.46
05 Jul
56.55
06 Jul
56.68
07 Jul
56.70
08 Jul
56.72
25 Jun
54.55
26 Jun
54.37
27 Jun
54.34
28 Jun
54.34
29 Jun
54.34
30 Jun
54.12
01 Jul
54.12
02 Jul
54.05
03 Jul
54.04
04 Jul
53.83
05 Jul
53.78
06 Jul
53.78
07 Jul
53.85
08 Jul
53.81
26 Jun
60.00
27 Jun
61.10
28 Jun
56.75
29 Jun
57.29
30 Jun
43.74
01 Jul
55.08
02 Jul
63.62
03 Jul
50.64
04 Jul
44.94
05 Jul
47.24
06 Jul
46.70
07 Jul
60.30
08 Jul
55.75
09 Jul
50.81
26 Jun
89.71
27 Jun
89.57
28 Jun
91.24
29 Jun
91.43
30 Jun
94.45
01 Jul
92.74
02 Jul
91.26
03 Jul
92.79
04 Jul
93.73
05 Jul
93.50
06 Jul
93.73
07 Jul
92.01
08 Jul
92.36
09 Jul
92.89
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