What’s the difference between bundled and unbundled RECs?
RECs are sold ‘bundled’ (with the electricity) or ‘unbundled’ (separately to the electricity). In general, for companies that are responsible for using electricity directly, bundled RECs are best (and other options, such as Power Purchase Agreements, may be better still). However, where RECs are purchased for supply chain electricity consumption (Scope 3), as is the case for digital asset holders, unbundled RECs are required given that those holders are not the direct electricity consumers.