in News Departments > FYI
print the content item

The American Council On Renewable Energy (ACORE), a Washington, D.C.-headquartered nonprofit organization dedicated to bringing renewable energy into the mainstream of the U.S. economy, has released a standard form contract for national trading of renewable energy certificates (RECs) - Master Renewable Energy Certificate Purchase and Sale Agreement.

The agreement is a result of two years of collaboration between ACORE; the Renewable Energy Resources Committee and Special Committee on Energy and Environmental Finance of the American Bar Association Section of Environment; Energy and Resources; and the Environmental Markets Association.

"This is an important step in creating a national system for REC trading, which will be essential to monetizing the environmental benefits of renewable energy and building those values into the long-term financing of the projects," says Michael Eckhart, ACORE's president.

The standard can be downloaded from www.acore.org/programs/rectrading.php

Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Are Fitch Ratings' Claims About Wind Farm Underperformance Unfounded?

A recent report from Fitch Ratings suggests that wind farms underperform due to an overestimation of wind resources, but AWS Truepower says the analysis misses the mark.


SunEdison Buying First Wind In $2.4 Billion Deal

Global solar company SunEdison and its yeildco have announced an agreement to buy the Boston-based developer, a major player in the U.S. wind industry.


U.S., China Reach Ambitious Climate Change Accord

The agreement between the global superpowers leans heavily on the deployment of renewable energy, such as wind and solar.


What The Midterm Elections Mean For The U.S. Wind Industry

Both chambers of Congress are now under Republican control for the first time since 2006. How will wind energy fare?


GE Blade Crashes At Mehoopany Wind Farm In Pennsylvania

The turbine manufacturer says the Nov. 2 incident is "isolated and unrelated" when compared to earlier blade issues.

BG 2015DblBox_id2032
Hybrid Energy Innovations 2015
Renewable NRG_id1934