Renewable Energy Certificate Market Size, Share, and Trends 2024 to 2034

The global renewable energy certificate market size is calculated at USD 20.63 billion in 2025 and is forecasted to reach around USD 158.71 billion by 2034, accelerating at a CAGR of 25.64% from 2025 to 2034. The North America renewable energy certificate market size surpassed USD 5.34 billion in 2024 and is expanding at a CAGR of 25.70% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 1408
  • Category : Energy and Power

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Renewable Energy Certificate Market 

5.1. COVID-19 Landscape: Renewable Energy Certificate Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Renewable Energy Certificate Market, By Energy

8.1. Renewable Energy Certificate Market, by Energy Type

8.1.1. Wind Power

8.1.1.1. Market Revenue and Forecast

8.1.2. Solar Energy

8.1.2.1. Market Revenue and Forecast

8.1.3. Gas Power

8.1.3.1. Market Revenue and Forecast

8.1.4. Hydro-electric Power

8.1.4.1. Market Revenue and Forecast

Chapter 9. Global Renewable Energy Certificate Market, By End Use

9.1. Renewable Energy Certificate Market, by End Use

9.1.1. Compliance

9.1.1.1. Market Revenue and Forecast

9.1.2. Voluntary

9.1.2.1. Market Revenue and Forecast

Chapter 10. Global Renewable Energy Certificate Market, By Capacity 

10.1. Renewable Energy Certificate Market, by Capacity

10.1.1. 0-1000 KWh

10.1.1.1. Market Revenue and Forecast

10.1.2. 1000-5000 KWH

10.1.2.1. Market Revenue and Forecast

10.1.3. Greater that 5000 KWH

10.1.3.1. Market Revenue and Forecast

Chapter 11. Global Renewable Energy Certificate Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Energy

11.1.2. Market Revenue and Forecast, by End Use

11.1.3. Market Revenue and Forecast, by Capacity

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Energy

11.1.4.2. Market Revenue and Forecast, by End Use

11.1.4.3. Market Revenue and Forecast, by Capacity

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Energy

11.1.5.2. Market Revenue and Forecast, by End Use

11.1.5.3. Market Revenue and Forecast, by Capacity

11.2. Europe

11.2.1. Market Revenue and Forecast, by Energy

11.2.2. Market Revenue and Forecast, by End Use

11.2.3. Market Revenue and Forecast, by Capacity

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Energy

11.2.4.2. Market Revenue and Forecast, by End Use

11.2.4.3. Market Revenue and Forecast, by Capacity

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Energy

11.2.5.2. Market Revenue and Forecast, by End Use

11.2.5.3. Market Revenue and Forecast, by Capacity

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Energy

11.2.6.2. Market Revenue and Forecast, by End Use

11.2.6.3. Market Revenue and Forecast, by Capacity

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Energy

11.2.7.2. Market Revenue and Forecast, by End Use

11.2.7.3. Market Revenue and Forecast, by Capacity

11.3. APAC

11.3.1. Market Revenue and Forecast, by Energy

11.3.2. Market Revenue and Forecast, by End Use

11.3.3. Market Revenue and Forecast, by Capacity

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Energy

11.3.4.2. Market Revenue and Forecast, by End Use

11.3.4.3. Market Revenue and Forecast, by Capacity

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Energy

11.3.5.2. Market Revenue and Forecast, by End Use

11.3.5.3. Market Revenue and Forecast, by Capacity

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Energy

11.3.6.2. Market Revenue and Forecast, by End Use

11.3.6.3. Market Revenue and Forecast, by Capacity

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Energy

11.3.7.2. Market Revenue and Forecast, by End Use

11.3.7.3. Market Revenue and Forecast, by Capacity

11.4. MEA

11.4.1. Market Revenue and Forecast, by Energy

11.4.2. Market Revenue and Forecast, by End Use

11.4.3. Market Revenue and Forecast, by Capacity

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Energy

11.4.4.2. Market Revenue and Forecast, by End Use

11.4.4.3. Market Revenue and Forecast, by Capacity

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Energy

11.4.5.2. Market Revenue and Forecast, by End Use

11.4.5.3. Market Revenue and Forecast, by Capacity

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Energy

11.4.6.2. Market Revenue and Forecast, by End Use

11.4.6.3. Market Revenue and Forecast, by Capacity

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Energy

11.4.7.2. Market Revenue and Forecast, by End Use

11.4.7.3. Market Revenue and Forecast, by Capacity

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Energy

11.5.2. Market Revenue and Forecast, by End Use

11.5.3. Market Revenue and Forecast, by Capacity

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Energy

11.5.4.2. Market Revenue and Forecast, by End Use

11.5.4.3. Market Revenue and Forecast, by Capacity

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Energy

11.5.5.2. Market Revenue and Forecast, by End Use

11.5.5.3. Market Revenue and Forecast, by Capacity

Chapter 12. Company Profiles

12.1. Central Electricity Regulatory Commission

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Green-e Energy

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Environmental Tracking Network of North America

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Western Area Power Administration

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. General Services Administration

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. US Environment Protection Agency and Defense Logistics Agency Energy

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Frequently Asked Questions

The global renewable energy certificate market was valued at USD 16.19 billion in 2024 and is predicted to be worth around USD 158.71 billion by 2034.

The global renewable energy certificate market is growing at a CAGR of 25.64% during the forecast period 2025 to 2034.

The major players operating in the renewable energy certificate market are Central Electricity Regulatory Commission, Green-e Energy, Environmental Tracking Network of North America, Western Area Power Administration, General Services Administration, US Environment Protection Agency and Defense Logistics Agency Energy.

The rising demand for the various types of power and the government policies that mandates a company to meet the required targets to use of renewable energy are among the most prominent factors that primarily contributes to the growth of the global renewable energy certificate market.

The north america region will lead the global renewable energy certificate market in near future.

The Europe is estimated to be the most opportunistic market during the forecast period.

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