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Renewable Energy Certificates (RECs)


June 2006 - The World Bank Group (WBG) announced that it will become "carbon neutral" in its Washington, DC headquarters offices, support facilities, and business travel. The carbon neutrality will be achieved through the purchase of 107 million kWh of renewable energy certificates (RECs), representing 100% of the WBG's annual local electricity usage, and the purchase of 59,400 metric tons of carbon dioxide equivalent in verified emissions reductions (VERs) from projects in developing countries. The RECs are being supplied by WindCurrent, which sells a Green-e certified "green tag" product sourced from wind projects in the Mid-Atlantic region.

News Release - On World Environment Day–World Bank Group Goes Carbon Neutral - No longer online at Wolrd Bank

WBG Contact: Sergio Jellinek, (202) 458-2841

January 2005 - The World Bank announced that it will purchase renewable energy to meet 100% of the electricity needs of its Washington D.C. office. Under an agreement with Maryland-based WindCurrent, the Bank will purchase 85 million kWh of renewable energy certificates (RECs) for one year sourced from wind energy facilities located in the mid-Atlantic and the Midwest. The Bank's renewable energy commitment is part of an overall "Greening Program" established by its General Services Department to focus on sustainable development within the organization.

News Release - World Bank To Purchase 100 Percent Renewable Energy For Headquarters - No longer online at World Bank

World Bank Contacts: Sergio Jellinek (202) 458-2841; Tracey Osborne (202) 473-4033
Windcurrent Contact: Jim Maguire (410) 484-5079

September 2003 - The Center for Resource Solutions (CRS) announced that its Green-e program has certified another seven Tradable Renewable Certificate (TRC) products. TRCs, or green tags, represent the environmental attributes of electricity generated from renewable sources.

The newly certified products are offered by: EAD Environmental, People's Power and Light, Sterling Planet, WindCurrent, Big Green Energy, Mainstay Energy, and Green Mountain Energy Company. A total of 15 marketers now sell Green-e certified TRCs nationally.

News Release - Seven NEW Green-e Certified "Green Tag" Products Increase Business & Consumer Choice

CRS Contact: Këri Bolding (415) 561-2100

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