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

Wind And Solar Helped California Grid During Challenging Summer

According to the California Independent System Operator, the state suffered from heat waves and drought this year, and wind power played a "significant role" in keeping the lights on.


Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.


Could Initial Offshore Wind Projects Crash New England's REC Market?

Some are concerned that the first offshore wind projects could negatively impact pricing of renewable energy credits (RECs) in New England.

Hybrid Energy Innovations 2015
BG 2015DblBox_id2032
Renewable NRG_id1934
Canwea_id1984