White certificates and white certificate trading schemes as greenhouse gas mitigation policy options for South Africa
Journal Article
2009
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Energy Research Centre, University of Cape Town.
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University of Cape Town
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Abstract
A white certificate, which is also referred to as an Energy Saving Certificate (ESC), or an Energy Efficiency Credit (EEC), is an instrument awarded by an authorisation body to guarantee that a specific amount of energy savings has been achieved. Each certificate is a unique and traceable commodity carrying a property right over a certain amount of additional energy savings and certifying that the benefit of these savings has not been accounted for elsewhere (EuroWhiteCert Project, 2006).
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Tyler, E.; Dunn, Z. & du Toit, M. (2009) White certificates and white certificate trading schemes as greenhouse gas mitigation policy options for South Africa. Cape Town, Energy Research Centre.