Work out renewable energy certificate value instantly with clear inputs, formula shown and shareable results.
Renewable energy certificates are issued per megawatt-hour of eligible generation, with some schemes granting multiple certificates for favoured technologies. Revenue is certificates times market price less registry and trading costs. Certificate prices are volatile because they depend on compliance demand against supply.
Certificate revenue
Certificates = generation x certificates per MWh; net revenue = certificates x price x (1 - trading cost %)
Certificate eligibility, issuance and trading are governed by the scheme rules of your jurisdiction. Double counting of environmental attributes is prohibited.
They are set by the gap between mandated compliance demand and certified supply. A surplus collapses prices to the floor; a shortfall pushes them to the penalty price.
Only if the offtake contract does not already claim the environmental attributes. Selling both the power as green and the certificates separately is double counting and is prohibited.