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Title: Status and Trends in U.S. Compliance and Voluntary Renewable Energy Certificate Markets (2010 Data)

Abstract

This report documents the status and trends of 'compliance'--renewable energy certificate (REC) markets used to meet state renewable portfolio standard (RPS) requirements--and 'voluntary' markets--those in which consumers and institutions purchase renewable energy to match their electricity needs on a voluntary basis. Today, 29 states and the District of Columbia have an RPS, more than half ofall U.S. electricity customers have an option to purchase some type of green power product directly from a retail electricity provider, and all consumers have the option to purchase RECs. This report documents REC activities and trends in the United States. The compliance REC market analysis includes analysis of REC trading, regional REC markets, REC tracking systems, types of compliance RECs,compliance REC pricing trends, and an overview of compliance with RPS polices. The voluntary REC analysis presents data and analysis on voluntary market sales and customer participation, products and premiums, green pricing marketing and administrative expenses, voluntary REC pricing, and the voluntary carbon offsets market. The report concludes with a discussion of upcoming guidance from theFederal Trade Commission on green marketing claims, the emergence of community solar programs, and the potential impact of Dodd-Frank regulations on the REC market.

Authors:
;
Publication Date:
Research Org.:
National Renewable Energy Lab. (NREL), Golden, CO (United States)
Sponsoring Org.:
USDOE Office of Energy Efficiency and Renewable Energy (EERE)
OSTI Identifier:
1029033
Report Number(s):
NREL/TP-6A20-52925
TRN: US201201%%83
DOE Contract Number:  
AC36-08GO28308
Resource Type:
Technical Report
Country of Publication:
United States
Language:
English
Subject:
29 ENERGY PLANNING, POLICY AND ECONOMY; 32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION; CARBON; COMPLIANCE; ELECTRICITY; MARKET; MARKETING; REGULATIONS; SALES; WASHINGTON DC; green power; market trends; renewable energy certificates; REC; utility green pricing programs; voluntary markets; sales; renewable energy (RE); compliance; renewable portfolio standard; RPS

Citation Formats

Heeter, Jenny, and Bird, Lori. Status and Trends in U.S. Compliance and Voluntary Renewable Energy Certificate Markets (2010 Data). United States: N. p., 2011. Web. doi:10.2172/1029033.
Heeter, Jenny, & Bird, Lori. Status and Trends in U.S. Compliance and Voluntary Renewable Energy Certificate Markets (2010 Data). United States. https://doi.org/10.2172/1029033
Heeter, Jenny, and Bird, Lori. 2011. "Status and Trends in U.S. Compliance and Voluntary Renewable Energy Certificate Markets (2010 Data)". United States. https://doi.org/10.2172/1029033. https://www.osti.gov/servlets/purl/1029033.
@article{osti_1029033,
title = {Status and Trends in U.S. Compliance and Voluntary Renewable Energy Certificate Markets (2010 Data)},
author = {Heeter, Jenny and Bird, Lori},
abstractNote = {This report documents the status and trends of 'compliance'--renewable energy certificate (REC) markets used to meet state renewable portfolio standard (RPS) requirements--and 'voluntary' markets--those in which consumers and institutions purchase renewable energy to match their electricity needs on a voluntary basis. Today, 29 states and the District of Columbia have an RPS, more than half ofall U.S. electricity customers have an option to purchase some type of green power product directly from a retail electricity provider, and all consumers have the option to purchase RECs. This report documents REC activities and trends in the United States. The compliance REC market analysis includes analysis of REC trading, regional REC markets, REC tracking systems, types of compliance RECs,compliance REC pricing trends, and an overview of compliance with RPS polices. The voluntary REC analysis presents data and analysis on voluntary market sales and customer participation, products and premiums, green pricing marketing and administrative expenses, voluntary REC pricing, and the voluntary carbon offsets market. The report concludes with a discussion of upcoming guidance from theFederal Trade Commission on green marketing claims, the emergence of community solar programs, and the potential impact of Dodd-Frank regulations on the REC market.},
doi = {10.2172/1029033},
url = {https://www.osti.gov/biblio/1029033}, journal = {},
number = ,
volume = ,
place = {United States},
year = {Sat Oct 01 00:00:00 EDT 2011},
month = {Sat Oct 01 00:00:00 EDT 2011}
}