6. With reference to Renewable Energy Certificates, consider the following:
- 1.It acts as a tracking mechanism for only for solar and wind as they flow into the power grid.
- 2.It is a market-based instrument to promote renewable sources of energy and development of the market in electricity.
- 3.It is also called as Green tag, Tradable Renewable Certificates (TRCs) and Renewable Energy Credits.
Which of the statements give above are correct?