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Renewable Energy Certificates (RECs), also known as Green tags, Renewable Energy Credits, Renewable Electricity Certificates, or Tradable Renewable Certificates (TRCs), are tradable, non-tangible energy certificates in the United States that represent proof that 1 megawatt-hour (MWh) of electricity was generated from an eligible renewable energy resource (renewable electricity) and was fed ...
Solar Renewable Energy Certificates (SRECs) or Solar Renewable Energy Credits, are a form of Renewable Energy Certificate or "green tag" existing in the United States of America. SRECs exist in states that have Renewable Portfolio Standard (RPS) legislation with specific requirements for solar energy, usually referred to as a "solar carve-out". [1]
A Renewable Portfolio Standard (RPS) is a regulation that requires the increased production of energy from renewable energy sources, such as wind, solar, biomass, and geothermal, which have been adopted in 38 of 50 U.S. states and the District of Columbia. [1][2] The United States federal RPS is called the Renewable Electricity Standard (RES).
Renewable energy credit. A Renewable energy credit (REC) is a certificate corresponding to the environmental attributes of energy produced from renewable sources such as wind or solar. RECs were created as a means to track progress towards and compliance with states' Renewable Portfolio Standards (RPS), meant to support a cleaner generation mix.
North Carolina Eastern Municipal Power Agency Monroe Solar [32] Union County: 60: 2017: Murfreesboro Solar [33] Murfreesboro: 5: 2011-12: 19,960: North Carolina Electric Membership Corporation Shawboro Solar [34] Currituck County: 20: 2015-12: 95,000: Dominion North Carolina Power Shelby Solar [35] Shelby: 1: 2010-05: 4,522: North Carolina ...
An insolation map of the United States with installed PV capacity, 2019. A 2012 report from the National Renewable Energy Laboratory (NREL) described technically available renewable energy resources for each state and estimated that urban utility-scale photovoltaics could supply 2,232 TWh/year, rural utility-scale PV 280,613 TWh/year, rooftop PV 818 TWh/year, and CSP 116,146 TWh/year, for a ...
The Energy Policy Act of 2005 created the Clean Renewable Energy Bond (CREB) program, effectively offering interest-free debt to eligible renewable projects. [27] In October 2008, the CREB program was extended to March 6, 2009.
North Carolina: Renewable Energy and Energy Efficiency Portfolio Standard: Investor-owned utilities 12.5% by 2021, Electric cooperatives, municipal utilities: 10% by 2018: North Dakota: Renewable and Recycled Energy Objective: 10% by 2015: Ohio: Alternative Energy Resource Standard: 25% alternative energy resources by 2025: Oklahoma: RPS: 15% ...