Status and Trends in the U.S. Voluntary Green Power Market (2016 Data)
- National Renewable Energy Lab. (NREL), Golden, CO (United States)
The "voluntary" or "green power" market is that in which consumers and institutions voluntarily purchase renewable energy to match all or part of their electricity needs. Voluntary action provides a revenue stream for renewable energy projects and raises consumer awareness of the benefits of renewable energy. There are numerous ways consumers and institutions can purchase renewable energy. Historically, the voluntary market has consisted of three market sectors: (1) utility green pricing programs (in states with regulated electricity markets), (2) competitive suppliers (in states with restructured electricity markets), and (3) unbundled renewable electricity certificate (REC) markets, where RECs are purchased by consumers separately from electricity ("unbundled").
- Research Organization:
- National Renewable Energy Laboratory (NREL), Golden, CO (United States)
- Sponsoring Organization:
- USDOE Office of Energy Efficiency and Renewable Energy (EERE), Energy Analysis (EI-30) (Energy Analysis Corporate)
- OSTI ID:
- 1416112
- Report Number(s):
- NREL/TP-6A20-70174; 7828
- Country of Publication:
- United States
- Language:
- English
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