At the international level, the GCSs have demonstrated to
be a robust policy instrument used by countries to increase the share of
renewable energy sources in their electricity mix. Among its different
characteristics, Green Certificates:

·     
Serve transparently to obligated entities as a means to fulfil their
renewable energy targets.

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·     
Open a new universe of opportunities for a voluntary demand driven by
customers seeking to minimize the environmental externalities linked to their
electricity consumption.

·     
Allow electricity consumers to have access to renewable electricity
even in those locations where there is a limited number of generation
technology options.

·     
Enables end-consumers to claim the use of renewable electricity at a
different time from the moment of generation.

·     
Are accessible in numerous jurisdictions given the current ample diversity
of tracking systems. (Environmental Protection
Agency, 2010)

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