renewable energy credits

Renewable Energy Credits (RECs) represent the environmental attribute of 1 MWh of energy generated from eligible sources of generation. They can be bought or sold together with energy, in which case they are referred to as “bundled” RECs, or without the energy component, in which case they are referred to as “unbundled” RECs. COMMENTARY There […]

Technology giant Microsoft is buying nearly 400 MW of power from three new utility-scale solar projects in Illinois and Texas. EDP Renewables North America (EDPR NA) on Feb. 10 said the installations have come online with long-term virtual power purchase agreements (PPAs), through which Microsoft will take 389 MW of electricity and renewable energy credits. […]

Community solar provider Ampion Renewable Energy is partnering with The Wendy’s Company to help Wendy’s restaurants source renewable energy. Nearly 100 company-operated restaurants and nearly 40 franchise restaurants in New York, Illinois, and Massachusetts are now enrolled in Ampion+, a product that helps organizations reduce energy costs and secure Renewable Energy Certificates (RECs) that substantiate […]

Texas continues to add to its U.S.-leading portfolio of renewable energy projects, with two large solar power installations recently coming online. Clearway Energy Group on Feb. 22 said it had completed the 452-MW Texas Solar Nova complex in Kent County. The multimillion-dollar array, which was built in two phases, already has offtake agreements, including a […]

New York’s electricity system and markets face a blizzard of changes, driven by policy, politics, and economic forces. The New York Independent System Operator and the New York State Energy Research and

Unbundled Renewable Energy Credits and the Benefits of Standardization Unbundled renewable energy credits and certificates (RECs) separate the renewable, or green, component of energy from the actual