Clear Energy Q4 2015 Midwest Market Notes
Posted on byWelcome to SREC & NEPOOL Broker Michael Rizzo!
Posted on byClear Energy is pleased to announce that Michael Rizzo has joined the environmental commodities brokerage team. Michael comes to the group with nearly 25 years of experience as a broker of illiquid and complex markets, and is a veteran in building trusted relationships over the long term. Previously, Michael was the Head of Trading and read more
Clear Energy Q3 2015 Midwest Market Notes
Posted on byIllinois: Like Chevy Chase on his sled in the movie “A Christmas Vacation”, prices seem to have shot down the hill at silicon based kitchen lubricant speed and liquidity is hiding in the Christmas tree. Non wind offers abound and buyers don’t have any trouble finding willing sellers. The long-term forecast for this market indicates read more
Clear Energy Q2 2015 Midwest Market Notes
Posted on byIllinois: With the legislature out of session, HB2607 seems to have faded away as a concern for this compliance market at present. It is possible this legislation will be reintroduced in the next session. The bill would have increased the RPS and moved REC purchases away from current obligated parties to the IPA. View PDF
Upside for Texas compliance REC prices remains limited
Posted on byUpside for Texas compliance REC prices remains limited By Amanda Luhavalja of SNL Energy Upside momentum for renewable energy credit compliance prices in Texas remains limited, amid little change in the state’s supply and demand picture, market sources indicate. Latest assessments from SNL Energy for over-the-counter compliance REC prices in Texas are lackluster, with the read more
Clear Energy Q1 2015 Midwest Market Notes
Posted on byIllinois: This quarter, the buyers all seem to have gone on spring break – we have plenty of offers in both IL ARES wind and nonwind credits, but no bids. While we have looked for a reason to explain this development, the only rationale seems to be that pending legislation in the state house has read more
Resolution on Clean Power Plan Years Away
Posted on byThe EPA’s Clean Power Plan is considered something that should enhance the value of renewable generation and hopefully increase the price we are seeing on some Renewable Energy Credits (RECs). As I learned years ago from studying the then proposed Pennsylvania RPS to the final version (complete with final rule making), nothing is certain until read more
Texas REC prices stall beneath $1/MWh amid bearish supply, demand factors
Posted on byreproduced with permission by snl.com (subscription required to access original article) By Amanda Luhavalja In Texas, renewable energy credit prices remain weak, holding well below $1/MWh, amid a host of factors, including ample supply and anemic demand, with the potential for any upside traction appearing scant. With a host of new renewable generation in the read more
Clear Energy Q4 2014 Midwest Market Notes
Posted on byIllinois: The past quarter saw an increase in liquidity in the IL ARES wind and non-wind market. Pricing has maintained its premium to the Green-e market with increased prices for the outer years. As you will see from our table we have added an IL ARES Non-Wind section. This market will see a number of read more