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has gloss | eng: The European Energy Certificate System (EECS) is a commercially funded, integrated European framework for issuing, holding, transferring and otherwise processing electronic records. It was developed by the Association of Issuing Bodies to provide a properly regulated platform for Renewable Energy Guarantees of Origin, as proposed by Directive 2001/77/EC (the Renewable Electricity Directive) of the European Parliament and of the Council; and builds upon the concept proposed by the Basic Commitment of the Renewable Energy Certificate System (RECS). The scope and focus of EECS has now moved on from renewable electricity to encompass all forms of electricity, and to support Directive 2004/8/EC (the CHP Directive) and the recent Directive 2009/28/EC, which replaces Directive 2001/77/EC as the new Renewable Energy Directive - and which in turn supports Directive 2003/54/EC (the Internal Electricity Market Directive). Work is currently under way to adapt EECS to support all forms of energy. |
lexicalization | eng: European Energy Certificate System |
instance of | c/Energy policies and initiatives of the European Union |
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