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.
Offshore Wind to Increase Competition over Tax Equity?
With increased competition and looming deadlines, Karbone discusses the tax equity market and its outlook in the following report.
Additionality in Low Impact Hydro
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.
NEPOOL Market Update
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.
U.S. Renewable Energy Monthly Policy Round-up (August 2018)
The following report provides a summary of proposed and recently enacted legislative and regulatory policy affecting the renewable energy markets in the United States.
Will Offshore Wind Blow the Competition Away in the U.S. Fuel Mix?
Declining costs and increasing efficiency are the two main catalysts driving offshore wind deployment globally, but development in the U.S. has been limited. In part, this is due to the lack of domestic supply chain for most offshore wind project components as well as an unclear understanding of the economic value of the technology and its competitiveness in comparison to alternative onshore renewable resources.
Nonetheless, a number of states have recently established mandates to procure energy from offshore wind projects, aiming for a diversified zero emissions energy portfolio. This report offers a glance into several different state’s offshore wind programs.
The Future is Bright for Pennsylvania Solar: 15 Strategies to Reach 10% by 2030
On July 10, Pennsylvania’s Department of Environmental Protection (DEP) released Finding Pennsylvania’s Solar Future, a draft plan illustrating various policy strategies to accomplish the state’s target to fulfill 10% of electricity consumption from in-state solar generation resources by 2030. The following report provides a summary of the options proposed in the plan.
Pre-Auction SREC-II 2018 Minimum Standard Amendment
Last week, the Massachusetts Department of Energy Resources (DOER) reported a correction in its calculation for the 2018 SREC-II Compliance Obligation and Minimum Standard. Karbone details the correction in the following report.
U.S. Renewable Energy Monthly Policy Round-Up (July 2018)
The following report provides a monthly summary of proposed and recently enacted legislative and regulatory policy affecting the renewable energy markets in the United States.
DC SREC Market Update: Making Sense of Falling Prices in an Under-supplied Market
The following report provides a monthly summary of proposed and recently enacted legislative and regulatory policy affecting the renewable energy markets in the United States. It also serves as the first iteration of a Karbone renewable energy policy commentary series. The series will be updated regularly on a monthly basis.