New York Debates PPAs or RECs for Clean Energy June 13, 2016By William OpalkaThe New York Public Service Commission held a technical conference to discuss the state’s proposed Clean Energy Standard. Tell us who you are,get 2 free articles each month. What do you want to know?Want a free trial instead? Click here.Already convinced? View pricing and plans.Already a subscriber? Log in here. Additional news on this topic:Stakeholders Debate New York Clean Energy StandardNew York’s proposed Clean Energy Standard was the main topic of discussion at the Independent Power Producers of New York’s annual spring conference.Clean Power Plan, REV Highlight IPPNY ConferenceMore than 170 people attended the Independent Power Producers of New York's 30th annual Fall Conference in Saratoga Springs.NY Clean Energy Commitment Spurs ProcurementNew York developers are finding it easier to invest in the state now that it is providing more predictability around clean energy procurement and market fundamentals. | © RTO Insider Kevin WrightCant solve this problem with 20 year PPA’s. The user of the electricity needs to benefit the most from the deal.Current model the PPA holder makes the their return in 5-7yrs, then sucks all the value for 13-15yrs. The long term value of RE sources, are free fuel.PPA’s should be limited to 10 years or less.SREC’s should not be viewed as a longterm solution. They should be a stepping stone to new market driven revenues. This requires RTO’s and ISO’s to step in and evolve the market and industry.June 14, 2016 |Log in to Reply Leave a Reply Cancel replyYou must be logged in to post a comment.