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I-REC Report 2024: Market Trends & Key Insights

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The I-REC market is growing rapidly as companies worldwide accelerate their renewable energy commitments. In the first half of 2024 alone, redemption volumes surged, signaling rising corporate participation and the critical role I-RECs now play in decarbonization strategies. This report unpacks the latest trends behind this momentum.

What’s Inside

Annual and quarterly I-REC redemption trends - volume growth, frequency patterns, and corporate adoption

Country-level analysis - which countries are leading in I-REC redemptions?

Technology insights - breakdown of I-REC redemptions by energy source (hydro, wind, solar, etc.)

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