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REC Agenda. VGS Update. Introduction. VER penetration Key drivers behind VER investments REC and other factors Definition of RECs REC program by WECC states Summary table. REC Policies. Overview of REC policies by states Programs Instruments Targets Specific baseline

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REC Agenda

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Rec agenda

REC Agenda

VGS Update


Introduction

Introduction

  • VER penetration

  • Key drivers behind VER investments

    • REC and other factors

  • Definition of RECs

  • REC program by WECC states

    • Summary table


Rec policies

REC Policies

  • Overview of REC policies by states

    • Programs

    • Instruments

    • Targets

    • Specific baseline

    • REC attributes and geographical limits

  • REC Accounting

  • REC and treatment of GHG allowances


Rec institutional settings

REC Institutional Settings

  • State by state REC regulatory regimes

  • Approval authority

  • Monitoring & Reporting

  • Penalties

  • Intra state commerce

  • Voluntary Market regulations

  • Trading facilitators eg brokers, exchanges etc.


Rec trading framework

REC Trading Framework

  • REC economics

  • REC attributes

  • Valuation

  • WREGIS

  • REC value chain

    • REC flow diagram

  • Supply-Demand dynamics


Rec trading impact

REC Trading Impact

  • Voluntary Trading

  • Compliance Trading

  • Impacts on:

    • Investments

    • Operations

    • Reliability

    • And others ??

  • Risks associated with REC deals

  • Balance between political and economic goals in devising REC policies


Rec market maturity and robustness

REC market maturity and robustness

  • Specific discussion on liquid REC markets

  • Price behaviour and its impact on VERs (en, cap, as)

  • New products and markets? – SRECs etc.

  • VER investment economics

    • Cost of integration

    • BE impact

    • New VER sources

  • Review of Federal policies and subsidies

  • Further penetration of VER and acceptence

  • Additional state introducing RPS program

  • Social and political landscape – jobs


Rec and ghg programs

REC and GHG programs

  • Objective of both programs

  • Identify grey areas

  • State by state recognition of REC attributes and validity in the GHG program

  • REC and GHG accounting


Updates on rps rec regulations

Updates on RPS/REC regulations

  • List by state ongoing legislative, policy, and regulatory changes

  • Summarize the impact of these changes on existing programs

  • Also, briefly describe how these changes will impact VER penetration

  • Capture federal initiatives


Recommendations to the ji committee

Recommendations to the JI Committee

  • Executive summary of REC programs by states

  • Implications of strong REC programs and VER investments

  • Identify key implications of robust REC programs on VER penetrations

  • Specify impact on grid operations, prices, products, regulations, and reliability

  • Updates on ongoing changes to RPS/REC regulations

  • Others xxxx.


Other ideas and topics

OtherIdeas and Topics


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