This Week In Energy Transition - Renewable Energy Certificates Market Poised For Significant Growth

featured-image

The renewable energy certificate (REC) market is expected to reach USD 45.45 billion by 2030, up from USD 27.99 billion in 2025, with a compound annual growth rate of 10.2%. This growth is primarily driven by favorable government policies, corporate sustainability initiatives, and increased climate change awareness. Solar energy leads as the largest market segment, while installations above 5,000 KWh dominate in capacity. The voluntary market segment is gaining ground among corporations...

The renewable energy certificate (REC) market is expected to reach USD 45.45 billion by 2030, up from USD 27.99 billion in 2025, with a compound annual growth rate of 10.

2%. This growth is primarily driven by favorable government policies, corporate sustainability initiatives, and increased climate change awareness. Solar energy leads as the largest market segment, while installations above 5,000 KWh dominate in capacity.



The voluntary market segment is gaining ground among corporations...

.