This report is the second in its series following the Karbone Research Report titled “Tax Equity in the Time ofRead More
From the start of 2021, PA Tier II REC prices increased nearly 200%, — and even more remarkably, PA TierRead More
In the last month, Tier I REC prices have rallied from around $11.00 in the beginning of January up toRead More
Despite the endless list of uncertainties in 2020, the renewable energy industry has largely remained on course for growth. TheRead More
Green-e Prices Climb as Voluntary Demand Continues to Increase While REC markets have been volatile amid the COVID-19 throes ofRead More
Virginia is the newest state within the PJM RTO to establish a mandatory RPS target, and the Old Dominion state is aiming high with a goal of 100% renewable energy by 2050 under the Clean Economy Act (HB 1526/HB 851). Governor Ralph Northam signed the bill on April 12, 2020, just 6 months after his 43rd Executive Order which set the wheels in motion for a plan to reach the 100% renewable energy target.
On September 26, 2018, Massachusetts approved a much anticipated solar program that radically transitions solar incentives away from the SREC market and towards a structure akin to a feed-in-tariff regime, dubbed the Solar Massachusetts Renewable Target (SMART) program.
With increased competition and looming deadlines, Karbone discusses the tax equity market and its outlook in the following report.
The desire to provide “Additionality” has been a major driver of new corporate demand for renewable energy procurement in recent years. Citing several Low Impact Hydro Institute (LIHI) Certified projects as reference cases, Karbone has constructed this research piece to illustrate the types of opportunity available to Corporate purchasers who are seeking to have a greater impact on the status quo and who are not limited to “New-Build-Only” Additionality.
There has been continued year-on-year supply growth in the NEPOOL Class I REC market across all states and almost all technologies. The following report explores the resulting supply and demand fundamentals as well as the potential impact of recent policy announcements on this particular market.