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Prva stran - WBC-INCO Net

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Life Cycle of a TGC<br />

1. 2. 3. ISSUE OWNERSHIP REDEMPTION - Represents TRANSFER – Represents an evidence – Market an evidence that participants certain that<br />

quantity trade added with value of added electricity of electricity value was of due electricity produced to its production<br />

from due to its<br />

renewable production from renewables sources. from renewable was used.<br />

sources.<br />

TGC<br />

electricity<br />

Issue Ownership transfer Redemption<br />

Central Registration Database<br />

2 June 2006 6 th Balkan Power Conference, Ohrid

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