Renewable Energy Certificate System

S&P Global Market Intelligence Launches Renewable Energy Credit Pricing Forecasts

Retrieved on: 
Monday, February 1, 2021
Energy, Articles, Energy economics, Renewable energy, Renewable energy policy, Renewable Energy Certificate System, Renewable energy in the European Union, Renewable energy credit, Energy market, Energy industry, Renewable Energy Certificate

NEW YORK, Feb. 1, 2021 /PRNewswire/ --S&P Global Market Intelligence today introduces its Renewable Energy Credit (REC) Price Forecast dataset as part of its Power Forecast series.

Key Points: 
  • NEW YORK, Feb. 1, 2021 /PRNewswire/ --S&P Global Market Intelligence today introduces its Renewable Energy Credit (REC) Price Forecast dataset as part of its Power Forecast series.
  • S&P Global Market Intelligence's new REC price forecast will provide insight into new revenue streams for energy facilities that are looking to be compensated for the value of their renewable energy.
  • "As global energy markets continue to shift their reliance on fossil fuels to alternative sources, organizations may look to RECs to help comply with increasing green energy mandates," said Steve Piper, Research Director for Energy at S&P Global Market Intelligence.
  • This newly introduced S&P Global Market Intelligence forecast complements the Market Intelligence platform's current REC index prices providing information on unbundled RECs, and the current price of these instruments.

EMC Provides One-stop Marketplace for Businesses to Buy Electricity and Offset Consumption

Retrieved on: 
Monday, October 12, 2020
Energy, Renewable energy policy, Renewable Energy Certificate System, Renewable energy in the European Union, Electricity market, Energy policy, Renewable electricity, Energy certificate, Renewable Energy Certificate

RECs are financial instruments that certify the purchase by an investor of units of electricity generated from renewable energy sources.

Key Points: 
  • RECs are financial instruments that certify the purchase by an investor of units of electricity generated from renewable energy sources.
  • We are delighted that our subsidiary EMC has launched a RECs offering which helps support organisations in their sustainability goals.
  • Toh Seong Wah, CEO of EMC, said: "PowerSelect is a one-stop marketplace where businesses in Singapore can competitively purchase electricity and offset their electricity consumption with RECs.
  • Energy Market Company (EMC) operates the wholesale market of the National Electricity Market of Singapore (NEMS), which is Asia's first liberalised electricity market.

Longroad Energy Completes Financing for 215 MWdc Little Bear Solar Projects

Retrieved on: 
Tuesday, April 7, 2020
Renewable energy policy, Energy economics, Climate change mitigation, Sustainable energy, Energy, Renewable Energy Certificate System, Articles

BOSTON, April 7, 2020 /PRNewswire/ --Longroad Energy, a US-based renewable energy developer, owner and operator, announced today the financial close and start of construction of Little Bear Solar, comprising four separate projects totaling 215 MWdcin Fresno County, CA.

Key Points: 
  • BOSTON, April 7, 2020 /PRNewswire/ --Longroad Energy, a US-based renewable energy developer, owner and operator, announced today the financial close and start of construction of Little Bear Solar, comprising four separate projects totaling 215 MWdcin Fresno County, CA.
  • "Longroad is excited to complete the financing of the Little Bear solar projects and to broaden our partnership with PKA and PenSam through AIP," said Paul Gaynor, CEO of Longroad.
  • Little Bear consists of four separate projects selling energy and RECs to Marin Clean Energy (MCE) under 20-year busbar PPAs.
  • Its services affiliate, Longroad Energy Services, operates and manages 2.6 GW in total comprised of these projects plus 1.5 GW of wind and solar projects on behalf of third parties.

Ralph Lauren Pledges to Use 100% Renewable Electricity by 2025 and Joins RE100

Retrieved on: 
Monday, December 2, 2019
MEN, Retail, Other Energy, Consumer, Online Retail, Energy, Luxury, Department Stores, Catalog, Teens, Children, Specialty, Women, Fashion, Energy, Articles, Renewable energy, Renewable energy policy, Renewable electricity, Energy policy, Fashion, L'Oréal, Ralph Lauren Corporation, Renewable Energy Certificate System, Ralph Lauren, Renewable Energy Certificate

Ralph Lauren Corp. (NYSE:RL) today announced a series of pledges related to sustainability, including a commitment to power all of its globally owned and operated offices, distribution centers and stores with 100% renewable electricity by 2025 and join RE100, a group of the worlds most influential businesses committed to the use of renewable power.

Key Points: 
  • Ralph Lauren Corp. (NYSE:RL) today announced a series of pledges related to sustainability, including a commitment to power all of its globally owned and operated offices, distribution centers and stores with 100% renewable electricity by 2025 and join RE100, a group of the worlds most influential businesses committed to the use of renewable power.
  • For the remaining electricity use, the Company will purchase Green Power Products, including Renewable Energy Certificates (RECs), Guarantees of Origin (GoOs) and International Renewable Energy Credits (I-RECs).
  • The Company's brand names, which include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Ralph Lauren Children, Chaps and Club Monaco, among others, constitute one of the world's most widely recognized families of consumer brands.
  • Design the Change, Ralph Lauren Corporations renewed strategy on global citizenship and sustainability, is both a commitment and a journey to accelerate the Companys work across these areas.

MC Squared Energy Services Participates in the Launch of the First ABP Community Solar Project in Illinois as Subscription Manager

Retrieved on: 
Tuesday, October 22, 2019
Renewable energy policy, MC2, Renewable Energy Certificate System, Renewable energy credit, Energy

mc2 partnered with the solar developer, Rainy Solar, whos site was selected in the Illinois ABP lottery administered by the Illinois Power Agency.

Key Points: 
  • mc2 partnered with the solar developer, Rainy Solar, whos site was selected in the Illinois ABP lottery administered by the Illinois Power Agency.
  • Under the ABP program, Rainy Solar sells its environmental attributes via Renewable Energy Credit (RECs) to meet the states clean energy goals under FEJA.
  • mc2 serves as the official subscription manager for Rainy Solar, bringing subscribers, both commercial and residential, to the project.
  • About MC Squared Energy Services, LLC
    Established in 2008, MC Squared Energy Services, LLC (mc2) is a certified, retail electric-service provider headquartered in Chicago.

Constellation Signs 175 MW Solar Agreement to Supply an Aggregation of Three Commercial Customers

Retrieved on: 
Wednesday, September 18, 2019
Utilities, Oil, Gas, Environment, Alternative energy, Energy, Nuclear, Energy, Constellation, Exelon, Renewable energy policy, Renewable Energy Certificate System, Renewable energy, Renewable electricity, Renewable Energy Certificate, Green Mountain Energy

Constellation has announced an agreement with three major commercial customers to power their operations with renewable energy.

Key Points: 
  • Constellation has announced an agreement with three major commercial customers to power their operations with renewable energy.
  • At 175 megawatts, this project is the largest of its kind for Constellation, an Exelon company.
  • Skipjack Solar Center is a large new solar plant being developed in Charles City County, Va., on former working timber land.
  • As part of this transaction, Constellation will purchase energy and RECs from the Skipjack Solar Center and will then sell the power and project-specific RECs to the customers.

CooperVision Rochester-Area Sites Now Operating with 100 Percent Renewable Electricity Resources

Retrieved on: 
Thursday, April 4, 2019
Energy, Renewable energy policy, Renewable energy, CooperVision, Renewable Energy Certificate System, Constellation, Exelon

ROCHESTER, N.Y., April 4, 2019 /PRNewswire/ -- Taking yet another step to succeed with sustainability in mind, CooperVision has converted its three Rochester, N.Y.-area sites to 100 percent renewable electricity usage.

Key Points: 
  • ROCHESTER, N.Y., April 4, 2019 /PRNewswire/ -- Taking yet another step to succeed with sustainability in mind, CooperVision has converted its three Rochester, N.Y.-area sites to 100 percent renewable electricity usage.
  • The sites now completely rely on wind-derived electricity via RECs, a choice made by CooperVision because of wind generation's prominence in New York State.
  • "Making the switch to 100 percent renewable electricity was the right thing to do as we continue to invest in upgrading our Rochester facilities," said Myles Ott, Environmental, Health & Safety Engineer at CooperVision.
  • CooperVision worked with consultant Power Management and Constellation, an Exelon company, for the Rochester-area renewable electricity supply.