Renewable Energy Certificate
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Project at a Glance Contents on the CD ROM
  • 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.
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
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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