What Are Renewable Energy Certificates (RECs) and How Do They Apply to Crypto Mining?
Renewable Energy Certificates (RECs) are market-based instruments that represent the property rights to the environmental, social, and other non-power attributes of renewable electricity generation. A miner can purchase RECs to claim that their operations are powered by renewable energy, even if the electricity comes from the grid.
This allows firms to meet corporate sustainability goals and potentially attract ESG-focused investors without directly building a renewable power plant.
