Status and Trends in U.S. Compliance and Voluntary Renewable Energy Certificate Markets (2010 Data)
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").
- Publication Date:
- OSTI Identifier:
- Report Number(s):
- Resource Type:
- Technical Report
- Research Org:
- National Renewable Energy Lab. (NREL), Golden, CO (United States)
- Sponsoring Org:
- USDOE Office of Energy Efficiency and Renewable Energy (EERE), Energy Analysis (EI-30) (Energy Analysis Corporate)
- Country of Publication:
- United States
- 29 ENERGY PLANNING, POLICY, AND ECONOMY Renewable energy certificate; REC; compliance; market; voluntary; trends; green power; revenue; renewable portfolio standards; RPS
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