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SI
NGO

Stichting I-REC

🇪🇺 NETHERLANDSRegistered 27/01 staff
Disclosed budget
€3,075,000
Meetings 12mo
0
Policy files
50
Accredited passes
0

Recent meetings

No recorded meetings with EU commissioners.

Mission & Goals

The International Tracking Standard Foundation (I-TRACK Foundation) aims to improve energy markets worldwide by standardizing Attribute Tracking Systems so that organizations can purchase and reliably claim the origin of their product. Our public Standard entails overarching rules and principles that a robust Attribute Tracking System must adhere to in order to be internationally recognized as a robust system. This includes governance aspects as well as definitions such as a certificate being an ex-post, factually verifiable instrument. Based upon this global set of rules and principles, we accredit organizations to operate markets for electricity, hydrogen, CDR, and potentially more products and commodities. They do this in collaboration with national governments, market players, and other stakeholders. We as Foundation are responsible for maintaining the overall quality of the system by making sure the general rules and principles are being followed.

EU Legislative Interests

The I-TRACK Foundation sees Energy Attribute Certificate (EAC) playing a major role in both disclosure / reporting purposes as well as in international trade. Among other policy areas, the following are most critical. 1. A sensible and workable way to reliably and uniquely claim the ownership of CDR activities. Without a commonly recognized way to allocate ownership of CDR activities, we don't see a future in CDR. With our experiences in allocating ownership of energy attributes, we believe we can support in policy developments regarding this. 2. (COM(2021)0564 – C9-0328/2021 – 2021/0214(COD)) - Carbon Border Adjust Mechanism. We have been very active in the discussions around CBAM to allow for contractually defined emissions to be recognized. We see multiple design problems when taking a country and sector average when determining the carbon content of grid electricity. For example, it discourages companies to invest in renewables locally as their efforts wouldn't be recognized by CBAM beyond the effect the investment had on the total grid. More detailed argumentation and information about our efforts can be found here https://www.trackingstandard.org/how-the-eus-carbon-border-adjustment-mechanism-cbam-supports-actual-emissions-reporting-through-ppas-and-energy-attribute-certificates-eacs/

Communication Activities

publications: https://www.trackingstandard.org/the-i-rec-standard-foundation-on-cbams-effect-on-demand-driven-growth-for-renewables/?swpmtx=24acfb30499850c963738078fa2b51e4&swpmtxnonce=daf1c404d5 https://www.trackingstandard.org/how-the-eus-carbon-border-adjustment-mechanism-cbam-supports-actual-emissions-reporting-through-ppas-and-energy-attribute-certificates-eacs/?swpmtx=24acfb30499850c963738078fa2b51e4&swpmtxnonce=daf1c404d5 https://www.trackingstandard.org/eacs-and-indirect-emissions-reporting-under-cbam/?swpmtx=24acfb30499850c963738078fa2b51e4&swpmtxnonce=daf1c404d5 https://www.trackingstandard.org/cbam/ Events https://www.trackingstandard.org/conferences/

Interests Represented

Does not represent commercial interests

Member Of

We have no active memberships

Organisation Members

We don't have members, but we have accredited entities to operate attribute tracking systems. A full overview of all accredited entities can be seen through this link https://www.trackingstandard.org/accredited-entities/

Connected Legislation

A carbon border adjustment mechanism

85%

State of the Energy Union

80%

The first phase of the establishment of a common Union rating scheme for data centres

80%

Guidelines for trans-European energy infrastructure (Amendment)

80%

Citizens' Energy Package

80%

The Instrument for Nuclear Safety Cooperation and Decommissioning for the period 2028-2034 and repealing Regulations (Euratom) 2021/100 and (Euratom) 2021/948

80%

Ignalina NPP decommissioning assistance (2028-2034)

80%

The gas market

80%

Comprehensive EU approach to energy storage

80%

State of the Energy Union

80%

State of the Energy Union

80%

State of the Energy Union

80%

Interconnected Energy Single Market for lower bills and competitiveness

80%

State of the Energy Union

80%

The state of play of the Energy Charter Treaty (ECT) modernisation exercise

80%

Energy efficiency (recast)

80%

Maximising energy efficiency of EU building stock

80%

Amendment: Efficiency reference values for electricity and heat (Reg 2015/2402)

80%

Amendment to Directive 2012/27/EU on the contents of comprehensive assessments of the potential for efficient heating and cooling

80%

Regulation on revising the primary energy factor for electricity in application of Directive 2012/27/EU of the European Parliament and of the Council

80%

Small modular reactors

80%

Safety of Ostrovets nuclear power plant (Belarus)

80%

The basis of the Euratom Treaty

80%

Repeal of Regulation (EU) No 1369/2013 on the nuclear decommissioning assistance programme of the Ignalina nuclear power plant in Lithuania (Ignalina programme); and repealing Council Regulation (EU) No 1369/2013

80%

EU solidarity and energy security: Russia-Ukraine invasion & gas cuts

80%

Amendment: Union list of projects of common interest (Reg 347/2013)

80%

Amendment: EU list of projects of common and mutual interest

80%

Amendment: Union list of projects of common interest (Reg 347/2013)

80%

Revised guidelines for trans-European energy infrastructure

80%

Trans-European energy infrastructure guidelines & repeal of Reg 347/2013

80%

EU response to rising energy prices

80%

EU Strategy for Energy System Integration

80%

Energy storage

80%

EU energy infrastructure investment projects

80%

Aligning Energy Charta Treaty with EU Green Deal

80%

Correction: Energy labelling of residential ventilation units

57%

The coordination of energy-efficient labelling programmes

57%

Repeal of Decision No 994/2012/EU on an information exchange mechanism with regard to intergovernmental agreements and non-binding instruments between Member States and third countries in the field of energy and repealing Decision No 994/2012/EU

57%

Energy labelling of household tumble dryers

57%

Correction: Energy labelling for ACs, light sources & refrigerators

57%

Correction of language versions: Energy-related products labelling

57%

Energy labelling of local space heaters (Directive 2010/30/EU)

57%

Energy labelling and product resource information (recast)

57%

Energy labelling: Solid fuel boilers and packages

57%

Energy labelling of air conditioners (Directive 2010/30/EU)

57%

Compensation for wrongly labelled energy products

57%

Energy labelling of professional refrigerated storage cabinets

57%

Supplement: Energy labelling of household tumble driers (2010/30/EU)

57%

Energy labelling of smartphones and slate tablets

57%

Amendment: Energy labelling for electronics & household appliances

57%