Report: Significant Increase In Certified Renewable Energy Sales

NAW Staff, Friday 21 November 2008 - 01:00:00

According to San Francisco-based Center for Resource Solutions (CRS), the 2007 Green-e Energy Verification Report, which highlights Green-e certified renewable energy sales in 2007, shows an almost 60% increase in total sales volume over the previous year - equivalent to nearly 16 million MWh of renewable energy generation.

Nearly 2.7 million MWh were purchased or generated by companies participating in Green-e Marketplace, a significant increase over 2006 purchases of 114,000 MWh – and accomplishment that demonstrates organizations' growing commitment to certified renewable energy.

Utility participation in Green-e Energy grew significantly in 2007, with certified utility sales reaching 1.2 million MWh in 2007 - an 82% increase from 2006. This reflects a rise in certified residential and commercial purchases. Approximately 200,000 customers participated in green pricing programs, with residential purchases increasing 58% from 2006. Commercial purchases were up 177% in the same period.

"The 2007 Green-e market results are a testament to consumers' commitment to clean, renewable energy options that goes well beyond regulatory requirements," says CRS Executive Director Arthur O'Donnell. "Even as the adoption of mandatory renewable portfolio standards has grown to include more than half of the United States, the voluntary market represented by Green-e certified transactions continues to expand - proving that compliance and voluntary markets are not only compatible, but highly complementary."

SOURCE: Center for Resource Solutions



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