Posts Tagged ‘Department of Energy Resources’

Massachusetts DOER Announces Final 2020 SREC Minimum Standards

Posted September 16th, 2019 by SRECTrade.

On Friday, August 30th, the Massachusetts Department of Energy Resources (DOER) announced the final 2020 SREC-I and SREC-II Compliance Obligations and Minimum Standards. This announcement follows the results of the SREC-I and SREC-II Solar Credit Clearinghouse Auctions. The final announcement differs only slightly from the preliminary announcement in July.

Solar Carve-out (SREC-I)

The DOER has determined that the Final 2020 Compliance Obligation for the SREC-I program will be 748,584 MWh and that the Minimum Standard will be 1.6116%. The 2020 Minimum Standard for load under contracts signed before June 28, 2013 will be 0.9867%. The Determination of the CY 2020 Total Compliance Obligation and Minimum Standard, published by the DOER, outlines how this Minimum Standard was calculated. Both Minimum Standards are slightly lower than their preliminary counterparts, as a result of the updated Solar PV Capacity Factor used to estimate production.

Solar Carve-out II (SREC-II)

The DOER has also calculated the Final 2020 Compliance Obligation and Minimum Standard for the SREC-II program, which are 1,023,737 MWh and 2.2040%, respectively.

In addition, the DOER calculated the 2020 SREC-II Compliance Obligation and Minimum Standard for load under contracts signed after May 8, 2016 as 1,765,527 MWh and 3.8011%, respectively. The final SREC-II baseline Compliance Obligation and Minimum Standard are slightly lower than their preliminary counterparts, primarily due to two reasons:

  1. A reduction in the average capacity factor applied to estimated generation from 13.35% to 13.08% (using nine years of Massachusetts Production Tracking System production data)
  2. An improvement to the SREC-II production estimation formula to account for the loss of partial MWhs left over after a reporting period, since these partial MWhs do not result in the creation of partial SREC-IIs

MA SREC-II Application Deadlines and MA SMART Program Application Opens

Posted November 26th, 2018 by SRECTrade.

November 30, 2018 Update: Due to this email from the Massachusetts Department of Energy Resources (DOER) on October 12, 2018, SRECTrade had been operating under the premise that facilities larger than 25 kW DC could submit their SQA and mechanically complete documentation “by no later than December 10, 2018”. It has been brought to our attention that the mechanically complete extension applications for facilities larger than 25 kW DC had to have submitted an SQA application by November 26, 2018.

The December 10th deadline is for the mechanically complete document to be added to the existing SQA.

SRECTrade recommends that all affected facilities submit their SMART Initial Application Period applications by 11:59pm ET tonight, November 30th.

Today, November 26th, at 12:00pm ET, the Solar Massachusetts Renewable Target (SMART) Program application portal opens to begin accepting Statement of Qualification Applications. Solar Tariff Generation Units (STGUs) can then apply during the Initial Application Period, which will last until 11:59pm ET on November 30, 2018.

All applications received between 12:00pm ET on November 26th and 11:59pm ET on November 30th will be considered to have been received at the same time for the Capacity Block placement queue. All applications received on or after 12:00am ET on December 1, 2018 will be reviewed on a first-come, first-served basis.

On October 24, 2018, CLEAResult (the SMART Program Administrator), the Massachusetts Department of Energy Resources (DOER), and the stakeholder electric distribution companies hosted a webinar providing a demonstration of the SMART Program application portal and instructions on how to submit an application. A recording of the webinar is available here.

Please note that today, November 26th, is a significant deadline for all projects seeking SREC-II qualification. Today is the deadline for projects larger than 25 kW DC to achieve mechanical completion and the deadline for projects smaller than or equal to 25 kW DC to receive Permission to Operate (PTO). Projects larger than 25 kW DC have until December 10, 2018 to submit their Statement of Qualification application demonstrating mechanical completion by November 26th. Projects smaller than or equal to 25 kW DC have until February 15, 2019 to submit their Statement of Qualification application. For more information regarding SREC-II qualification and application deadlines, please visit our previous blog post here.

Massachusetts DOER Announces Final 2019 SREC Minimum Standards

Posted August 31st, 2018 by SRECTrade.

Update: On Wednesday, September 5th, the MA Department of Energy Resources (DOER) made some small corrections to the previously announced final 2019 Solar Carve-out (SREC-I) and Solar Carve-out II (SREC-II) Compliance Obligations and Minimum Standards. The corrections were made to also include a small number of SRECs that the DOER approved to be transferred into the SREC-I and SREC-II auction accounts between the DOER’s preliminary minimum standard announcement in July and its final minimum standard announcement in August. The original post has been edited to reflect the corrections.

On Thursday, August 30th, the DOER announced the final 2019 SREC-I and SREC-II Compliance Obligations and Minimum Standards. This announcement follows the results of the SREC-I and SREC-II Solar Credit Clearinghouse Auctions. The final announcement differs only slightly from the preliminary announcement in July.

Solar Carve-out (SREC-I)

The DOER has determined that the 2019 Compliance Obligation for the SREC-I program will be 797,674 MWh and that the Minimum Standard will be 1.7446%. The 2019 Minimum Standard for load under contracts signed before June 28, 2013 will be 1.0967%. The Determination of the CY 2019 Total Compliance Obligation and Minimum Standard, published by the DOER, outlines how this Minimum Standard was calculated.

Solar Carve-out II (SREC-II)

The DOER has also calculated the 2019 Compliance Obligation and Minimum Standard for the SREC-II program, which are 1,060,524 MWh and 2.3195%, respectively.

In addition, the DOER calculated the 2019 SREC-II Compliance Obligation and Minimum Standard for load under contracts signed after May 8, 2016 as 1,789,567 MWh and 3.9139%, respectively. The final SREC-II baseline Compliance Obligation and Minimum Standard are slightly lower than their preliminary counterparts, primarily due to two reasons:

  1. A reduction in the average capacity factor applied to estimated generation from 13.64% to 13.35% (using eight years of Massachusetts Production Tracking System production data)
  2. An improvement to the SREC-II production estimation formula to account for the loss of partial MWhs left over after a reporting period, since these partial MWhs do not result in the creation of partial SREC-IIs

The adjustment to the SREC-II production estimation formula decreased the projected number of SREC-IIs to be generated by over 36,000 MWh.