Allied Market Research

Renewable Energy Certificates Market Analysis 2023


Portland, OR -- (SBWIRE) -- 03/15/2018 -- This report projects the trends and opportunities of the global renewable energy certificates market. This research study includes a qualitative and quantitative analysis with comprehensive research methodologies and reliable projections to understand the present overview and predict the market behavior during the forecast period.

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The market has witnessed significant demand owing to the rise in level of renewable purchase obligation (RPO) target, which provides a target share of renewables in the total electricity produced. This is further driven by the broad policy goals of the nation (emission reduction, energy security, and job creation) as well as the potential for development in a particular country. Moreover, the deployment of RPO targets around the world further boosts the market growth. However, growth in issues related to lack of financial aid for REC dependent renewable energy projects is expected to hinder the market growth.

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