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NREL SREC webinar will feature SRECTrade, NJ BPU and MA DOER

Brad — Tue, 17 Jan 2012 18:47:20 +0000

On Wednesday, January 18th at 3pm EST (12pm PST), SRECTrade CEO Brad Bowery will join Mike Winka of the New Jersey Board of Public Utilities’ Office of Clean Energy (BPU OCE) and Mike Judge of the Massachusetts Department of Energy Resources (DOER) for a free webinar hosted by Lori Bird of the National Renewable Energy Laboratory (NREL).

The webinar will discuss the new NREL Report on the solar renewable energy certificate (SREC) markets. The comprehensive report written by Bird, Jenny Heeter and Claire Kreycik discusses key policy issues that define the structure of these markets and offers a state by state summary of how SRECs are utilized to meet RPS goals in a growing number of states.

Registration for the free webinar is still open and there are already over 500 participants enrolled. Please click here to register.

Among other data, the NREL Report dives into SREC market pricing, tracking spot and forward sales in each state. Below is a chart from the report reflecting spot market pricing on SRECTrade from a 2-year period between 2009 and 2011.

To learn more, download the NREL Report and/or register here for the webinar at 3pm EST on January 18th.

NREL SREC webinar will feature SRECTrade, NJ BPU and MA DOER

Wall Street Journal mention of SRECTrade

Brad — Thu, 22 Apr 2010 16:25:37 +0000

One of SRECTrade’s customers was the subject in a recent article in the Wall Street Journal titled Businesses Wait for Green Energy Payback. The article describes the opportunities available for small businesses looking to go green and some of the headaches involved in the process. There is no doubt that the federal, state and local incentives combined make solar an especially attractive investment in New Jersey. Despite this, solar is not growing at the pace that it should be in New Jersey and other states. Part of the reason is due to financing challenges to cover the gap between investment and payback. Although there are some banks that have been willing to take the time to understand the SREC markets, many have simply not wanted to venture into the unknown. As a result many business owners looking for financing have struggled to get it. In the example in the article, our client found an angel investor willing to put down the capital for the investment. In a few short years, both our client and his investor will have made a significant return on investment from the sale of the SRECs. Since the value of SRECs are driven by market fundamentals, as long as would-be solar owners continue to struggle to get financing, the market will be under-supplied and SREC values will subsequently remain high, ensuring that those willing to invest today see the same returns that are quoted in the article.

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Wall Street Journal mention of SRECTrade

Brad Bowery to speak at ASES National Solar Conference

Chris — Thu, 01 Apr 2010 06:32:18 +0000

SRECTrade CEO Brad Bowery will be speaking at the 39th ASES National Solar Conference May 17-22 in Phoenix, AZ. The National Solar Conference hosted by the American Solar Energy Society (ASES) is America’s longest-running and leading conference on the emerging trends, technology, and opportunities shaping the new energy economy. Featured keynote speakers include Earth Day Founder Denis Hayes, Executive Director of the Bullitt Foundation, Amory Lovins of the Rocky Mountain Institute and Catherine Zoi of the U.S. Department of Energy.

Wednesday, May 19
4:00 to 5:30pm
Solar Renewable Energy Certificate Markets: Status and Emerging Issues
Moderated by: Lori Bird, NREL
This session will explore the status of solar renewable energy certificate (SREC) markets in the U.S. and emerging issues. It will cover the status of both compliance markets for SRECs that have emerged as a result of solar set asides in state renewable energy standards as well as voluntary markets for SRECs. This session will cover issues such as the integration of a potential federal solar REC market into existing markets, best practices in tracking and verifying SRECs for RPS compliance, as well as SREC trading and aggregation.
Presentations Include:
Industry Perspective on U.S. SREC Markets
Fred Zalcman, SunEdison
NJ SREC Program Status
Mike Winka, NJ BPU
Status of Solar Energy Set Asides in State RPS Programs
Charlie Kubert, Clean Energy Group
Verification and Tracking of RECs: Issues and Challenges
Steve Wiese, Clean Energy Associates
Trading in the SREC Markets
Brad Bowery, SRECTrade

As CEO of InClime, LLC, Brad Bowery has taken SRECTrade from a website and a concept to one of the most influential businesses in the growing SREC market. He successfully established the online auction in New Jersey, Pennsylvania, Maryland, Delaware and DC, and has laid the groundwork for implementations in Ohio, Massachusetts and North Carolina. Brad also developed and implemented SRECTrade’s installer program, establishing relationships with installers and project developers throughout the region and creating the foundation for the firm’s growth. In his role, he is in regular contact with stakeholders in the various state SREC programs, is heavily involved in the day-to-day developments of the market, and oversees one of the most comprehensive blogs on the SREC markets

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in Phoenix, AZ

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Brad Bowery to speak at ASES National Solar Conference