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Powernext Becomes AIB Member - Exports And Imports Of Guarantees Of Origin Are Now Enabled On The French National Registry

Date 15/07/2013

The AIB (Association of Issuing Bodies) Board has officially accepted Powernext as a member. The AIB counts 19 European registries and has the mission of promoting a European standard for guarantees of origin (European Energy Certificate System - "EECS"). The EECS standard insures that guarantee certificates are issued, transferred and used according to reliable procedures. Moreover, the association puts at the disposal of its members a technical connection allowing all participants to import and export guarantees of origin electronically. In order to insure the greatest reliability of the European guarantee of origin scheme, the AIB membership relies on a thorough certification regarding registry process, systems and rules.

Powernext being an AIB member, its account holders can now import and export guarantees of origin electronically from and to other European countries.

“Powernext is proud to join the AIB. We are delighted to answer the renewable actors’ needs for international exchanges of guarantees of origin”, states Jean-François Conil-Lacoste, Powernext’s Chief Executive Officer.

The French Ministry of Ecology, Sustainable Development and Energy appointed Powernext as the National Registry for electricity guarantees of origin in France, starting on 1st May 2013. 17 companies are account holders on the registry, and approximately 1 TWh of renewable energy has been certified.