Renewable Energy Certificate Market

Global Renewable Energy Certificate Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030 - (By Energy Type Coverage, By Capacity Coverage, By End User Coverage, By Geographic Coverage and By Company)

Published Date: Nov 2023 | Format: | No. of Pages: 174

Industry: Energy & Natural Resources | Author Name: Harshad

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FAQ : Renewable Energy Certificate Market

The global renewable energy certificate market size is around US$11.7 Bn as of 2022, and is expected to exhibit 27.6% growth through the end of 2030.

The primary factors projected to drive the renewable energy certificate market expansion is an increasing demand for voluntary renewable energy, increasing demand for corporate sustainability goals, and growing adoption of IoT and smart meters.

As of 2022, the solar energy segment leads over other energy type segments, whereas the capacity of more than 5,000kwh segment constituted the largest value share of the global renewable energy certificate market.

Some of the leaders in this market include names like Western Area Power Administration, Green-e Energy, Schneider Electric, 3Degrees, RECS International, Central Electricity Regulatory Commission, U.S. Environment Protection Agency, and Engie North America.

By the end of 2030, the market for renewable energy certificate will possibly exceed US$82 Bn.
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