Clean Energy Credit Registry Launches
March 30, 2023
In response to government policy, the IESO has launched a Clean Energy Credit Registry to provide Ontario businesses with a new tool to meet their corporate environmental and sustainability goals.
Clean Energy Credits are electronic certificates used to demonstrate that clean energy from Ontario based generation has been acquired, to meet a voluntary target. Each credit represents 1 MWh of clean energy that has been generated and is intended to be exclusively purchased and claimed (or retired) by a load customer within Ontario.
Proceeds from the sales of IESO-held CECs will be re-invested back into the system and go toward clean energy projects, reducing ratepayer costs while supporting decarbonization efforts.