Emirates Water and Electricity Co. (EWEC) is set to hold its fourth auction of clean energy certificates (CECs) this week. The Emirati utility announced the details last week. The next auction will be held in Abu Dhabi on June 14.
The Abu Dhabi-based entity held its first auction of CECs in September 2021. The organizers of the scheme claimed that it was the first program in the world to issue certificates that classify nuclear power generation as “clean energy.”
The Abu Dhabi Department of Energy is issuing the certificates in megawatt-hour blocks. They can be bought by energy consumers to offset the carbon emissions associated with the energy they consume.
The last CEC auction was held in March. EWEC announced the fourth CEC auction by urging more energy offtakers to participate. Last October, the utility signed a deal to supply enough certificates to cover “up to 100%” of the electricity consumption of Abu Dhabi National Oil Co.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
6 comments
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.