The Convergence is Upon Us: Green-e Eligible Solar and Wind

Ali Shajrawi, Liam Brooks Market Research Briefs

Green-e Eligible Wind and Solar RECs have experienced price convergence recently. This price convergence marks an interesting break from the historical premium at which Green-e Eligible Solar RECs traded compared to wind, primarily due to unique revenue requirements and less installation rates. Nevertheless, recent shifts in the supply & demand dynamics for both commodities have exerted directional pressure on pricing to converge.