white certificates

In environmental policy, white certificates are documents certifying that a certain reduction of energy consumption has been attained.

In most applications, the white certificates are tradable and combined with an obligation to achieve a certain target of energy savings.

Utilities must meet their obligations by either reducing their consumers' energy usage, or by purchasing energy efficiency certificates (white certificates).

In Poland Red certificates are the equivalent of White certificates (for CHP) in other countries.

Thanks to the application of this standard, they can increase the value of the "White certificates", a measure taken in environmental policy in order to encourage organizations to save energy, two-fold.

The white certificates are given to the producers whenever an amount of energy is saved whereupon the producer can use the certificate for their own target compliance or can be sold to (other) parties who cannot meet their targets.

The market for white certificates is expected to grow larger than the green tag market because it requires less government approval and expense to install energy efficiency measures in factories and commercial buildings than to construct most renewable energy projects.