Renewable Energy Certificate
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- A REC represents the
property rights to the environmental, social, and other nonpower
qualities of renewable electricity generation.
- RECs serve the role of
laying claim to and accounting for the associated attributes of
renewable-based generation. The REC and the associated underlying
physical electricity take separate pathways
to the point of end use.
- REC is a market based
instrument which provides evidence that a generator has produced a
certain quantum of power from a RE resource which has been consumed
and reflects the environmental
attributes of the source of generation.
- There are two main markets
for renewable energy certificates in the United States - compliance
markets and voluntary markets.
- RECs are known under
functionally equivalent names such as Green Tags or Tradable
Renewable Certificates (TRCs), depending on the market. The U.S.
currently does not have a national registry
of RECs issued.
- Renewable Energy
Certificate seeks to address the mismatch between availability of RE
sources and the requirement of the obligated entities to meet their
renewable purchase obligation by purchasing green attributes of
renewable energy remotely located in the form of Renewable Energy
Certificate (REC).
- REC market would provide
appropriate opportunities for development of renewable energy based
electricity generation.
- RECs are quickly becoming
the currency of renewable energy markets because of their
flexibility and the fact that they are not subject to the geographic
and physical limitations of commodity electricity.
- Renewable Choice Energy
also markets its nationally sourced RECs to residential and small
commercial customers through grassroots marketing efforts, including
direct door-to-door sales and community events.
- SREC markets are relatively
young but expected to grow rapidly in coming years as state solar
requirements ramp up.
- All RECs are not the same;
cost can vary by location of generator, type of renewable (wind vs.
solar), volume purchased, length of contract term, whether renewable
energy is RPS 8 Innovation for Our Energy Future eligible
(competition).
- Growth in renewable energy
development over the past decade has led to the increasing adoption
of renewable energy certificates (RECs) as a means to track and
trade the environmental benefits of
renewable energy generation.
- RECs are used in both
compliance and voluntary markets to meet obligations to purchase
renewable energy, substantiate claims, and as a mechanism to
transfer attributes from one party to another.
- The use of RECs emerged to
simplify contracting, facilitate compliance tracking, and enable
trading among obligated entities, resulting in a more efficient flow
of capital to renewable energy projects.
- RECs are generally present
in all of these types of products, but in some cases the RECs are
bundled at the wholesale level with electricity and provided to the
consumer, while in others, entities may purchase RECs at retail
separate from electricity.
- In India there are several
options for
pricing renewable electricity such as
using Market determined prices, linking
prices to Unscheduled Interchange (UI)
prices, setting the tariff for electricity
generated from renewable resources as
average power purchase price of the
distribution licensee or fixing normative
or feed-in tariff for particular renewable
technology.
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Introduction
- Quick Guide
- Renewable Energy Certificates
- Renewable Energy Certificates - Info
- Solar Renewable Energy Certificates
- Understanding Renewable Energy
Certificate Mechanism
- Renewable Energy Certificate - Intro
Process and Procedure
- Procedure for Accreditation of
Renewable energy Generation
- Model Procedure / Guidelines for
Accreditation of Renewable Energy Generation Project for REC Mechanism
by state Agency
- Application for Issuance of
Renewable Energy Certificate
- Renewable Energy Certificate (REC)
Registry Help Manual
- Renewable Energy Certificate
Mechanism in India
- Operational Framework
- Procedure for Issuance of Renewable
Energy Certificate to the Eligible Entity by Central Agency
-
Renewable Energy Certificates
- Procedure
for Redemption of Renewable Energy Certificate
- Procedure for registration of renewable energy generation project by
central agency
Patents
- Embedded Renewable Energy Certificates and System
- Generation of renewable energy certificates from distributed
procedures
- System
for associating renewable energy sources and consumers
- Renewable energy certificate accumulating, distributing, and market
making
- Renewable energy credits
- Methods
for financing renewable energy systems
- Renewable
energy system business tuning
Regulatory
- Economics,
Regulation, and Implementation Strategy for Renewable Energy
Certificates in India
- Gujarat
Electricity Regulatory Commission
- Haryana
Electricity Regulatory Commission
- REC Registry
of India
- Karnataka
Electricity Regulatory Commission
- Notification
- Kerala State
Electricity Regulatory Commission
- Lucknow
Regulatory Commission
- Central
Electricity Regulatory Commission - Notification
- Central
Electricity Regulatory Commission
- Addressing
Regulatory and Legal Aspects in Implementation of REC Framework
- Tamil Nadu
Electricity Regulatory Commission
Feasibility Study
- Positive 3MW Biomass
to Power Project
- Feasibility Study of Economics and Performance of Solar
Photovoltaics
- Feasibility
Assessment of Sustainable Hydroelectric Facilities
- A
Feasibility Study of Renewable Energy and Energy Efficiency
Opportunities
- Milford
Renewable Energy Feasibility Study
- Tradable Renewable Energy Certificates
- Feasibility study on Certification for a Renewable Transport Fuel
Obligation
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Terms and Policy
- Model
Renewable Energy Wheeling Agreement
- Terms and
Conditions for recognition and issuance of Renewable Energy
Certificate
- Master
Renewable Energy Certificate
Purchase and Sale
- Policies on
Renewables
- Policy and
Procedures for Retail Customers
Market
- Renewable
Energy Certificates in India
- Emerging
Markets for Renewable Energy Certificates
- Implementing a Market for Renewable Energy Certificates in India
- Renewable
energy certificates Conclave
- Opportunity for renewable and co-gen plants
- An Overview of
the Renewable Energy Certificate Market
- Stimulating
Renewable Energy Development
- Scaling up
Renewable Energy in India
- Solar Renewable
Energy Certificate (SREC) Markets: Status and Trends
- Status and Trends
in U.S. Compliance and Voluntary Renewable Energy Certificate
Markets
- Voluntary
Market & Renewable Energy Certificate
(REC) Overview
Company Profiles
- Company from
Andhra Pradesh
- Company from
Georgia
- Company from
Mumbai
- Company from USA
Consultants
- Company
from Chennai
- Another
Company from Chennai
- Company
from Gujarat
- Company from
India
- Company
from New Jersey
- Consultant
Turnkey Providers
- Company from
Brisbane
- Company from
Cyprus
- Company from
Denmark
- Company from
Finland
- Company from
Florida
- Company from
Texas
- Company
from Washington
Reports
- Evolution
Markets to Host Renewable Energy Certificate Auction for the
Massachusetts Clean Energy Center
- Renewable energy
certificate prices hit new high in Dec
- How to Start a
Renewable Energy Consulting Business
- India launches
Renewable Energy Certificate system
- Renewable
Energy Certificate to be launched today
- Renewable
Energy Certificate Mechanism Launched to Boost Green Energy in India
-
400 companies register for renewable energy certificate
-
Report On Development of
Conceptual Framework
- Trading in
renewable energy certificate launched
- Financing
Renewables
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