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Furnas to hold second auction of RECs in February

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Brazil's state-owned utility Furnas announced on Monday that its Second Auction of Renewable Energy Certificates will take place on February 17. The auction will provide Certificates to businesses who want to prove that the energy they consume comes from renewable sources.

Through the auction, three types of certificates with a 2021 generation base date will be offered, including the I-REC Certificates of Electric Energy from Hydroelectric Sources for Commercializer and for Final Beneficiar, as well as the RECFY Certificates of Electric Energy from FURNAS own platform, from hydric source for Final Beneficiary. Each certificate represents one megawatt-hour of renewable energy generated.

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