Tradeable renewable energy credits, combined with renewable energy portfolio standards, can be a relatively low-cost policy option for promoting wider adoption.
Class I renewable energy means electric energy produced from
Solar renewable energy certificate or "SREC" means a
Class II renewable energy means electric energy produced at a
Renewable energy means energy derived from sunlight, wind, falling water, biomass, sustainable or
Renewable Energy Certificate or "REC" means a certificate
Renewable energy project means (A) a project
Electric generation service means the provision of retail
Energy year or "EY" means the 12-month period from June 1st
Real-time System Energy Price means the System Energy Price resulting from the Office of the Interconnection’s dispatch of the PJM Interchange Energy Market in the Operating Day.
Market Participant Energy Injection means transactions in the Day-ahead Energy Market and Real-time Energy Market, including but not limited to Day-ahead generation schedules, real- time generation output, Increment Offers, internal bilateral transactions and import transactions, as further described in the PJM Manuals.