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Clean energy
A renewable power purchase agreement
Contacts: RusHydro
In 2021, RusHydro, a leading Russian hydropower company, entered the international renewable energy certificate market (I-REC). They certified their renewable energy plants, producing "green" I-REC certificates that verify their electricity's renewable origin. These certificates are sold on the St. Petersburg International Mercantile Exchange.
Cases and effects:
RusHydro, owning most of Russia's hydroelectric plants, expands renewable energy production from water, solar, wind, and geothermal sources. They sell "green" certificates and enter bilateral agreements for clean energy with companies committed to ESG principles.
