Renewable Energy Certificate in Iran

  • 27 June 2023
  • 08:16
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Renewable Energy Certificate in Iran

The first transaction of renewable energy certificate (REC) was conducted on May 22 (1st of Khordad) in Iran Energy Exchange (IRENEX).

The opening ceremony was attended by Energy Minister Ali-Akbar Mehrabian, Head of Iran’s Securities and Exchange Organization (SEO) Majid Eshqi.

The first Renewable Energy Certificate transaction took place with a price of 19,950 Rials per kilowatt-hour, currently, the price of Renewable Energy Certificate is around 29,000 Rials per kilowatt-hour.

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