D33 Renewable Energy Certificate

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Overview Content:

DEWA has been implementing the International Renewable Certification Offsetting Programme since 2017, via established Excel based optimising tool. Due to decision of the authorities, DEWA has become a part of the D33 Initiative, where a priority for allocating the international renewable attributes shall be given to D33 participating companies. Such an allocation processes within D33 initiate shall be done via automated online tool., where the D33 eligible companies are allowed to submit the interest to purchase the attributes via interest form in a dedicated space for D33 IRECs initiative.

In November and May of each year, DEWA will issue formal notification on the i-RECs sale to Eligible Companies for the coming 6 months starting from January 2024 for Term 1 and from July 2024 for Term 2.
Eligible Companies will be given the opportunity twice a year to submit offers for buying i-RECs for two Terms (Term 1 January – June and Term 2 July – December) before any i-RECs are offered to other parties.
The offers are submitted via Interest Form which should include:

Buyer’s Company Name
Company representative contact details
Trade license or company registration document (or VAT certificate) – upload document option
D33 eligibility proof - upload document option
I-RECs Amount expressed in MWh
Production year
Vintage year/month (* optional field)

Eligible Companies will be given a window of 3 weeks to submit their firm bids signed by authorized signatory to purchase of the entire i-RECs volume they expressed their interest in, for the specific Term.

D33 Renewable Energy Certificate

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