Clear Energy Brokerage Vice President Ryan Cook also attributed the price increases in PJM compliance RECs, in part, to the strength of the economy this year and warned that a recession could lead to a drop in demand.

“If we have an economic downturn, we’re going to see a reduction in power consumption,” said Cook. “That would mean we’re going to see a reduction in overall demand for compliance RECs.”

Read the full article on OPIS Blog: “RECs Bottlenecks Expected to Keep Markets Tight”