Global Renewable Energy Certificate Market Size & Outlook

The global renewable energy certificate market size was estimated at USD 111,150.0 million in 2025 and is projected to reach USD 173,900.0 million by 2033, growing at a CAGR of 5.7% from 2026 to 2033.
Revenue, 2025 (US$M)
$111,150.0
Forecast, 2033 (US$M)
$173,900.0
CAGR, 2026 - 2033
5.7%
Report Coverage
Worldwide

Global renewable energy certificate market, 2021-2033 (US$M)

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Global renewable energy certificate market highlights

  • The global renewable energy certificate market generated a revenue of USD 111,150.0 million in 2025 and is expected to reach USD 173,900.0 million by 2033.
  • The market is expected to grow at a CAGR (2026 - 2033) of 5.7% by 2033.
  • In terms of segment, compliance rec accounted for a revenue of USD 117,600.0 million in 2025.
  • Compliance REC is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2025.

Global data book summary

Market revenue in 2025USD 111,150.0 million
Market revenue in 2033USD 173,900.0 million
Growth rate5.7% (CAGR from 2026 to 2033)
Largest segmentCompliance rec
Fastest growing segmentCompliance REC
Historical data covered2021 - 2024
Base year for estimation2025
Forecast period covered2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationCompliance REC

Other key industry trends

  • In terms of revenue, the North America accounted for 19.4% of the global renewable energy certificate market in 2025.

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Renewable Energy Certificate Market Companies

Name Profile # Employees HQ Website
Shell Energy Retail View profile 251-500 Coventry, Coventry, United Kingdom, Europe https://shellenergy.co.uk
Redex View profile 101-250 Singapore, Central Region, Singapore, Asia https://redex.eco
Caely Renewables View profile 51-100 Amsterdam, Noord-Holland, The Netherlands, Europe https://caely.com
3Degrees View profile 251-500 San Francisco, California, United States, North America https://3degreesinc.com/
Statkraft View profile 5001-10000 Oslo, Oslo, Norway, Europe https://www.statkraft.com
EDF View profile - Paris, Ile-de-France, France, Europe https://www.edf.fr
South Pole View profile 1001-5000 Zürich, Zurich, Switzerland, Europe https://www.southpole.com/
STX Group View profile 251-500 Amsterdam, Noord-Holland, The Netherlands, Europe https://www.stxgroup.com/
Enel SpA View profile 60905 Viale Regina Margherita, 137, Rome, Italy, 00198 https://www.enel.com
Engie SA View profile 97000 1, Place Samuel de Champlain, Courbevoie, France, 92400 https://www.engie.com

Global renewable energy certificate market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to renewable energy certificate market will help companies and investors design strategic landscapes.


Compliance rec was the largest segment with a revenue share of 105.8% in 2025. Horizon Databook has segmented the Global renewable energy certificate market based on compliance rec covering the revenue growth of each sub-segment from 2021 to 2033.


  • Global Renewable Energy Certificate Type Outlook (Revenue, USD Million, 2021-2033)
    • Compliance REC
    • Voluntary REC
  • Global Renewable Energy Certificate Energy Source Outlook (Revenue, USD Million, 2021-2033)
    • Solar Energy
    • Wind Energy
    • Hydropower Energy
    • Biomass Energy
    • Geothermal Energy
    • Gas Power Energy
  • Global Renewable Energy Certificate Capacity Outlook (Revenue, USD Million, 2021-2033)
    • 0-1000 KWH
    • 1001-5000 KWH
    • More than 5000 KWH

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Target buyers of Global renewable energy certificate market databook

  • Our clientele includes a mix of renewable energy certificate market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global renewable energy certificate market , including forecasts for subscribers. This global databook contains high-level insights into Global renewable energy certificate market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Global renewable energy certificate market size, by regions, 2021-2033 (US$M)

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