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November 24, 2024

renewable energy credits (RECs)

FERC: RGGI, Voluntary RECs Exempt from MOPR
FERC clarified voluntary renewable energy credits and participation in RGGI will not subject capacity resources to PJM’s expanded minimum offer price rule.
Carbon Pricing Gains Popularity — and Doubts
Carbon pricing's time may be nearing, but it won’t solve the climate crisis by itself or persuade states to abandon clean energy policies, speakers said.
PJM Industrials Challenge MOPR for Voluntary RECs
PJM industrial customers said buying and selling RECs shouldn’t count as subsidies in the capacity market, urging FERC to reconsider its definition.
NYPSC Expands Energy Efficiency, Indexes RECs
The New York PSC committed an additional $2 billion to energy efficiency and building-electrification programs and created an index renewable energy credit.
PJM: BRA Unlikely in 2020
PJM won’t run a capacity auction until FERC approves the RTO’s compliance filing implementing the expansion of its MOPR, making it unlikely for this year.
NYISO Study: Carbon Charge to Help NY Climate Goals
A NYISO study found that pricing carbon into the ISO’s wholesale markets will help New York achieve its clean energy goals.
NE States See Mixed Results on Energy Policy
Industry participants gathered at the law offices of Brown Rudnick to hear NECEC provide updates on new energy legislation in all six New England states.
Overheard at IPPNY Spring Conference 2019
Speakers at IPPNY's Spring Conference discussed NYISO's effort to price carbon in its markets and a conflict between New York City and state legislation.
Draft of Pennsylvania Nuke Subsidy Bill Leaked
Pennsylvania lawmakers may create a new tier within the state’s alternative energy program for nuclear power, according to a draft proposal leaked Monday.
Soapbox: Large Buyers – Don’t Stop Our Renewable Purchases
Representatives of the Advanced Energy Buyers Group argue that PJM's capacity market revisions threaten companies' bilateral renewable energy contracts.

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