Peace RECs (P-RECs) are a renewable energy product that have a profound impact on communities in energy-poor, climate fragile countries around the world. They are international renewable energy certificates (I-RECs) with a supplementary impact label certifying unique socio-economic co-benefits. They offer a solution for renewable energy buyers that want to maximize the grid decarbonization and positive human impact for every megawatt-hour of renewable energy they procure globally.
The label was developed by nonprofit Energy Peace Partners (EPP) who issues P-RECs from qualifying projects in countries that are characterized by a high risk of conflict, vulnerability to climate change, and low levels of electrification. In its latest technical guidance, RE100 now recognizes P-RECs as an “additional, voluntary label” for renewable electricity purchasing because P-RECs provide critical additional revenue that allows developers to partially finance new renewable energy mini-grids and/or fund projects with shared community benefits like public street lighting and hospital solar electrification.
Register to learn more about this impactful renewable energy solution by listening to a panel that has first-hand experience with the solution discuss the impact and importance of P-RECS. The event is hosted by Noah Bucon, Senior Product Development Manager at 3Degrees with guests Doug Miller, Director of Market Development at EPP, Linda Wamune, Program Director at EPP, Phoebe Romero, Equity Manager, Beyond the Megawatt at Clean Energy Buyers Association (CEBA), and Neil Jorgensen, Global ESG Lead at Block.
