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Renewable Energy Certificates (RECs) play a crucial role in promoting the use of renewable energy sources in the energy sector. By understanding the significance of RECs, we can appreciate how they contribute to the shift towards cleaner and more sustainable energy production. One of the main functions of RECs is to provide a means of tracking and verifying the renewable attributes of electricity generated from renewable sources. When a renewable energy facility generates electricity, it produces two separate commodities: the electr... more