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May 23, 2024

renewable energy credits (RECs)

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PJM MRC Briefs: Oct. 25, 2023
The PJM Markets and Reliability Committee rejected a proposal to change the rules for how generators with co-located load may enter into the capacity market during its Oct. 25 meeting.
Champlain Hudson Power Express / Clean Path New York
NYSERDA Can’t Meet Deadline to Design New REC Plan

New York’s clean energy agency needs more time to draw up the renewable energy certificate program for two major renewable energy transmission projects.

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Clean Hydrogen and Renewable Energy Feud over Tax Credit Rules
Power demands from the upstart clean hydrogen industry could lead to a dirtier electric grid.
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NC Utilities Commission Approves New Net-metering Rules for Duke
The North Carolina Utilities Commission largely approved Duke Energy’s proposal to update its net energy metering rules for residential rooftop solar customers.
NY Transco
NY Regulators Get Comments on How to Speed up Tx Construction
NYPSC won praise for its implementation of a law to speed up transmission development, but parties said much work remains in order to meet clean energy goals.
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PJM EIS Announces New Hourly Clean Energy Certificates
The PJM subsidiary that manages its registry of clean energy certificates will release a new product broken down by the hour in which the energy was created.
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Massachusetts Floats FCEM Proposal
The energy department of outgoing Massachusetts Gov. Charlie Baker left a gift on the governor’s last day in office: a Forward Clean Energy Market proposal.
Kevin Phillips, CC0 1.0 Universal
NYC Proposes Rules to Implement Building Emissions Law
Proposed Local Law 97 rules would establish reduction timelines, lay out a credits program, and set emissions reporting methodologies for large buildings.
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NYSERDA Seeks 1-Year Delay for Tier 4 RECs
NYSERDA has requested another year to set up the system of renewable energy credits that is part of the state’s plan to bring clean energy into New York City.
Storage Underestimated in NYISO ‘Outlook,’ MMU Says
NYISO’s long-term planning forecast underestimates the role of merchant storage and increases the apparent need for transmission, according to the ISO’s MMU.

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