Resolution on Clean Power Plan Years Away

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The 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

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reproduced 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’s Q3 2014 Midwest Market Notes

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Illinois: The past quarter saw very little liquidity in the IL ARES wind market, with offers holding steady. Forward pricing has jumped up a bit, providing a very nice premium to the stagnant Green-e Market. Michigan: Just when Ohio was starting to dominate these notes, Michigan decides to join the party with a proposed bill read more

PUCO Nixes in state sourcing for 2014

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For our clients who are involved in the Ohio market, it is nice to have this significant question finally answered. We expect to see liquidity return to this market followed by better pricing. Shortly after this news, First Energy released an RFP for 250,000 Ohio RECs (improved liquidity). As always, I enjoy talking about this read more

Clear Energy’s Q1 2014 Midwest Market Notes

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Michigan: First quarter credit prices have held steady. We continue to see generators who are eligible for the Ohio Adjacent State market evaluate the opportunity of moving their Michigan based supply to that market. Minnesota: No change for Minnesota RPS RECs this quarter. Pricing remains consistent with historical trends. Missouri: Pricing for Missouri RPS RECs read more

Ryan Cook Quoted In SNL Article On Recent Ohio RPS Change

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Legislation has been passed in Ohio that is expected to bring about major changes in the state’s renewable energy market, impacting renewable energy certificate prices in not only the Buckeye State but perhaps in some neighboring states as well. Signed into law June 13 by Ohio Gov. John Kasich, a Republican, the Ohio State Legislature read more

Clear Energy’s Q3 Midwest Market Notes: Activity In The Buckeye State

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It has been an interesting third quarter in the REC markets, with things mostly quiet with Ohio being the exception (as usual). Clear Energy is actively seeking Ohio Adjacent State RECs and Green-e RECs. Michigan RECs experienced a slight decrease in price as the overabundance of supply becomes more apparent. Offers significantly outnumber the bids. read more