Archive for November, 2017

DOER Announces SMART Program Administrator & 100 MW RFP // SREC-II Deadline on March 31, 2018

Posted November 14th, 2017 by SRECTrade.

On November 13, 2017 the Department of Energy Resources (DOER) announced that CLEAResult, Inc. will be the Solar Program Administrator for Massachusetts’s SMART Program.

The Distribution Companies have developed a request for proposals (RFP) for approximately 100 MW of solar projects in their respective utility service territories. The Distribution Companies will be hosting a bidder’s conference on Friday, November 17, 2017 at 1:00 PM EST to provide additional information and answer questions. Written comments on the RFP will be accepted through November 20, 2017 at 12:00 PM EST and should be submitted to ma.smart@clearesult.com. Bidders can submit an application on CLEAResult’s application website from November 27, 2017 – December 5, 2017 at 5:00 PM EST.  Results will be announced by the DOER by January 11, 2018. These results will establish the Block 1 Base Compensation Rates under the SMART Program.

The full announcement by the DOER can be found here.

As a reminder, systems must be mechanically complete or commercially operational by March 31, 2018 in order to participate in SREC-II under the current SREC Factors. Factors will be further reduced after this date but will remain at 0.8 for systems less than or equal to 25 kW.

Proposed Amendments to 310 CMR 7.75: Clean Energy Standard

Posted November 9th, 2017 by SRECTrade.

The Massachusetts Executive Office of Energy and Environmental Affairs (EEA) and the Massachusetts Department of Environmental Protection (MassDEP) have proposed amendments to 310 CMR 7.75: Clean Energy Standard. The amendments are intended to achieve greater consistency among all Executive Office of Energy and Environmental Affairs (EOEEA) clean energy programs and policies.

The amendments, a background document, and a notice with information about attending a November 27, 2017 public hearing in Boston at 10:00am and submitting written comments, are available on the Commonwealth of Massachusetts’s website here. Additional information about 310 CMR 7.75, including relevant stakeholder comments, is also available on their website.

The MassDEP published 310 CMR 7.75: Clean Energy Standard as a final regulation to reduce statewide greenhouse gas emissions. For more information on the promulgation of the MA Global Warming Solutions Act regulations, please visit our recent blog post on the topic here.

SRECTrade to Speak at Solar Focus and RPS Summit – November 7-8, 2017

Posted November 6th, 2017 by SRECTrade.

SRECTrade’s Manager of Business Development and Operations, Tom MacKenty, will be speaking at The CESA RPS Summit on Tuesday, November 7th and Solar Focus on Wednesday, November 8th in Washington, D.C.

Alongside other renewable energy experts at the RPS Summit, Tom will discuss the status of voluntary markets for renewable energy and their interactions with the RPS Markets. At Solar Focus, Tom will participate in the 50% and Beyond: The New Age of the RPS panel discussion, where policy experts will discuss strategies for expanding renewable energy standards across the country. The panel will also explore the current efforts being made in Delaware and Maryland to expand and strengthen RPS standards.

Full conference agendas and materials can be found here for The CESA RPS Summit and Solar Focus.

SRECTrade to Speak at GTM U.S. Power & Renewables Summit – November 8, 2017

Posted November 6th, 2017 by SRECTrade.

On Wednesday, November 8, SRECTrade’s Director of Regulatory Affairs, Allyson Browne, will be speaking on a panel at GTM’s U.S. Power & Renewables Summit in Austin, Texas.

Allyson will join moderator Colin Smith, Analyst, Solar at GTM Research and fellow panelists Terry Grant, Managing Director at Marathon Capital, and Peter Mathews, General Manager, North America at Solar Edge, to discuss solar cost trends and long-term market implications. Allyson will focus on the interplay between the cost per watt of solar (including the impact of possible tariffs resulting from the Section 201 trade case), federal tax incentives like the ITC, and solar renewable energy credit markets, and how these cost and revenue streams contribute to development (or lack thereof) in the residential and C&I sectors.

The panel, How Low Can They Go: What is Driving Down Solar Cost and What are Longer-Term Market Implications?, will be held at 11:20 am on Wednesday morning. See the full agenda here.

SRECTrade Introduction Video

Posted November 2nd, 2017 by SRECTrade.

Here at SRECTrade, we are constantly working on making Solar Renewable Energy Credits (SRECs) straightforward – efficient to manage, transparent access to markets, and easy to understand.

Regardless of whether you are a large solar portfolio manager or a residential system owner, SRECTrade exists to provide expertise in managing Solar RECs. We focus on accelerating the adoption of renewable energy by providing services and technology that minimizes the time, cost, and risk associated with achieving the benefits from SRECs.

In an effort to explain all this, SRECTrade recently produced a video outlining RECs and SRECTrade’s online platform and services.

To view the video, please click the image below.