I-REC Report 2025: Market Trends & Key Insights
In 2025, the I-REC market continued to expand, while showing signs of a shift toward more stable and structured growth. This is reflected in changing transaction patterns, with average volumes per redemption declining as activity becomes more frequent and distributed across a wider base of buyers. This report analyzes global I-REC issuance and redemption data to examine how the market is evolving. It looks at participation patterns, transaction structure, geographic distribution, and technology mix.
What’s Inside
Annual I-REC issuance and redemption trends, covering volume growth and market dynamics
Shifts in supply and demand dynamics across global markets
Country-level analysis, including concentration of activity and geographic constraints
Technology insights into I-REC redemptions by energy source
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