Posts Tagged ‘SRECTrade’

Rhode Island National Grid Seeks Standard Contracts

Posted December 7th, 2011 by SRECTrade.

National Grid Rhode Island is currently procuring applications for standard contracts from eligible Distributed Generation projects. The enrollment started on December 1, 2011 at 9am EPT, and will close on December 14, 2011 at 5pm EPT. The contracts will last for 15 years, and will cover a total of 5MW of capacity, with 1.5 MW allocated to wind and 3.5 to solar in the following distribution and ceiling price.

2011 Class Nameplate 2011 Target(kW) Nameplate 2011 Ceiling Price (cents/kWh)
Solar-PV: 10-150 kW 0.5 MW 33.35
Solar-PV: 151-500 kW 1.0 MW 31.60
Solar-PV: 501-5,000 kW 2.0 MW 28.95
Wind 1.5 MW 13.35

In order to be eligible for this procurement, systems must

  • Be an electric generation unit that uses exclusively an eligible renewable energy resource (as defined under R.I.G.L S39-26-5  and section 5 of the rules and regulations governing the implementation of a renewable energy standard)
  • Neither have begun operations, nor completed financing for construction
  • Be located in the Narragansett Electric Company ISO-NE load zone
  • Not have a nameplate capacity greater than 5MW
  • Be connected to the electric distribution company’s power system.

In addition, project owners must have submitted an Interconnection application and have a completed Feasibility or Impact study as defined in the Rhode Island Distributed Generation Interconnection Act and The Narragansett Electric Company Standards for Connecting Distributed Generation.

A performance guarantee deposit will have to be paid at the time of execution of the contract. It will be assessed based on $15.00 per REC for small distributed generation projects (<500kW), and $25 per REC for large distributed generation projects (>500kW) estimated to be generated per year. The total sum will be no lower than $500 and not more than $75,000. Should the distributed generation facility not produce the output proposed in its enrollment application within (18) months of contract execution, the contract will be voided automatically, and the performance guarantee deposit forfeited.

For facilities that are also being employed for net metering, a proposal may be submitted to sell the excess output from the project. In this case, the class in which the project belongs is determined by total project size, not the excess output offered.

The project must obtain qualification as a renewable resource as per Rhode Island’s Renewable Energy Standard, and must register with NEPOOL-GIS. Once qualified, National Grid must be designated to receive all the RECs produced by the project through NEPOOL-GIS.

More information and the application forms can be found on the National Grid Procurement Website.

Brad Bowery to Speak at PV Power Generation Mid-West & East Conference

Posted October 28th, 2011 by SRECTrade.

The PV Power Generation, Mid-West & East conference will be held from 8th – 9th November 2011, at the Marriott in Downtown New York. This event promises to be an in-depth study of large scale solar power generation in the Mid-West and East. Local utilities, state regulators, grid operators and land and building operators will be attending, and it will be a vital meeting point for those who wish to expand their operations in these regions.

Key topics influencing the solar market in the Mid-West and East to be covered includes

  • REC Markets
  • Legislative updates
  • Site Sourcing
  • Grid connection issues

SRECTrade CEO Brad Bowery will be speaking at the conference and will discuss several key issues affecting SREC markets such as

  • The current landscape of supply and demand in SREC markets
  • Key benefits of an in-state SREC market
  • Variations of SREC program in each state, and how to evaluate them
  • Essential ingredients for creating a successful SREC market
  • How solar can compete with other renewable technologies in the green space
  • The intricacies of Solar Alternative Compliance Payments(SACP) in each state
  • Obtaining a long term SREC contract

View the conference agenda to find out more, and register here.

New Improvements for EasyREC customers!

Posted October 10th, 2011 by SRECTrade.

SRECTrade is launching a new round of website updates to provide customers with greater ease and versatility in selling SRECs. Some of these changes are already visible for customers when they log onto their EasyREC account. Here are two of the important new features released this week:

A New Account Home Page! This new home page is designed to provide you with all the information you need to know about your unsold SRECs in an streamlined, easy-to-read format. You can simply hover your cursor over your SRECs “Eligible Markets” to see in which states (and which Energy Years) they are eligible, as well as alter their minimum prices. The “Notices” section of the account page will keep you up-to-date on the most recent actions involving your SRECs, so check back whenever you want to get a quick update on your status!

Account

Multiple Minimum Prices! This feature allows customers to set different minimum prices for each of their SREC vintages. This provides customers the ability to stagger their offer prices, potentially selling some of their SRECs now and placing a higher value on others. The “Future Minimum SREC Price” acts as the default minimum price that will be applied to new SRECs as they get created at the end of the month:

Prices

SRECTrade will be adding more new features to your account over the next few months, so stay tuned! Many exiting things are on the way!

We’re continually working to improve our service and would love to hear what you make of these latest improvements.  Send us some feedback »

Cross Listing Your SRECs

Posted January 3rd, 2010 by SRECTrade.

2011 Update: State certification information can be found here

One of the benefits of the SRECTrade multi-state auction platform is the ability to cross-list in multiple states in which you have registered your SRECs. If an SREC is cross-listed, it will be included in any state in which it has been registered to be sold.  SRECs will be sold in the state auction that offers the most value. In order to qualify to sell your SRECs in a state that accepts out-of-state SRECs, you need to get your system certified in that state. The following section has information on what states accept out-of-state SRECs and how to get your systems registered and obtain a state certification number. For EasyREC customers, SRECTrade can help you register in the states available to you.

SREC Markets by State

SREC State Registration Information:

Delaware

To get a Delaware state certification number, your installation must be located in DE. You must apply to become an Eligible Energy Resource. The link for the application is here.  For more information, go to the Delaware Public Service Commission.

Contact:
Delaware Public Service Commission
861 Silver Lake Boulevard
Cannon Building, Suite 100
Dover, DE 19904
Main: (302) 736-7500
Toll-Free: (800) 282-8574
Fax: (302) 739-4849

District of Columbia

Eligible to states within and adjacent to the PJM Region. For information on the DC registration process, see DC State Certification Instructions.

Contact:
Dorothy Wideman
Commission Secretary
Public Service Commission of the District of Columbia
1333 H Street, N.W
2nd Floor West Tower
Washington, D.C. 20005

Maryland

To register in Maryland, your solar installation must be in MD and you must complete and file an application for certification as a Solar Renewable Energy Facility (REF) with the Public Service Commission. The link to the application is here.  For more complete details on the process, see Maryland SREC Registration Details.

New Jersey

New Jersey is a closed market, therefore only SRECs produced in New Jersey are eligible. New Jersey residents can apply for state certification at the New Jersey Office of Clean Energy’s website.

Contact:
New Jersey’s Clean Energy Program
c/o Conservation Services Group
75 Lincoln Highway, Suite 100
Iselin, New Jersey 08830
Phone: 866-NJSMART (866-657-6278)

North Carolina

North Carolina is still in the early stages of implementing an SREC program. The state is still accepting applications for a REC tracking system through December 15, 2009.  More information can be found on the North Carolina Utilities Commission website. A sample application can be found here.

Contact:
Chief Clerk
North Carolina Utilities Commission
4325 Mail Services Center
Raleigh, NC 27699-4325

Ohio

Utilities in Ohio are allowed to procure 50% of the SRECs from out of state facilities. However, these states must be contiguous with Ohio (PA, MI, IN, KY, WV). Instructions and forms required for Ohio certification can be found here: Application for Certification as an Ohio Renewable Energy Resource Generating Facility

Contact:
Public Utilities Commission of Ohio
Email: AEPS@puc.state.oh.us
Toll-Free: (800) 686-PUCO (7826)
Phone: (614) 466-3292 (in Columbus area)
Fax: (614) 752-8351
180 East Broad Street
Columbus, Ohio 43215
Directions to the PUCO

Pennsylvania

Utilities in Pennsylvania are allowed to buy out of state SRECs from solar generators in the PJM region to meet the Renewable Portfolio Standard. If you are interested in selling in PA, you need to get your solar system registered.  For a detailed explanation of the process with screenshots see our most recent post on Pennsylvania State Certification Registration Process.

Contact Info:
Dina M. Deana
Pennsylvania AEPS Program Manager
Clean Power Markets, Inc.
Phone: 1-877-AEPS-773 (1-877-237-7773)
Fax: (610) 444-9213
Email: paaeps@cleanpowermarkets.com



Follow SRECTrade on Twitter

Posted July 24th, 2009 by SRECTrade.

Follow us on Twitter at http://twitter.com/srectrade for live updates on the SREC markets!