1 / 27

ERCOT Renewable Energy Credit Program

Learn about the ERCOT REC Program in Texas, including definitions, rules, and uses. Discover renewable energy types and how to comply with the program for sustainable energy practices.

wcarol
Download Presentation

ERCOT Renewable Energy Credit Program

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Renewable Energy Credit (REC) Program ERCOT Retail 101

  2. Discussion Topics • Definition and Overview • Types of Renewable Energy • Rules and Responsibilities • ERCOT Renewables Website

  3. Texas Definition Of Renewable Renewable energy technology is any technology that: • Exclusively relies on an energy source that is naturally regenerated over a short time • Derived directly from the sun, indirectly from the sun • Derived from moving water • Derived from natural movements and mechanisms of the environment.

  4. Texas Definition Of Renewable Renewable Energy Technology does not rely on: • Energy resources derived from fossil fuels • Waste products from fossil fuels • Waste products from inorganic sources.

  5. Examples Of Renewables Renewable Energy Sources are: • Wind Generators • Solar Panels • Landfill Gas Capture/Utilization Devices • Tidal Flow Energy Capture Devices • Flowing Water Energy Capture Devices • Dams • Geothermal Energy Capture Devices

  6. What is a REC? • 1 MWh renewable energy = 1 REC • Each REC is good for three compliance periods (two full years and the partial year in which it was created)

  7. REC Program Overview • Affects Competitive Retail Electric Providers & Renewable Generators (MOU/EC) • Texas-wide (includes non-ERCOT areas) • Requires Competitive Retailers to submit RECs annually for Compliance

  8. REC Program Purpose • Encourage construction and production of renewable energy • Promote the use of renewable energy • Satisfy the State of Texas renewable energy requirements • August 1, 2005 Senate Bill 20 passed, extending the renewable energy requirements to January 1, 2025 with a target of 10,000 MWs

  9. New Capacity Ratchets

  10. REC Uses • REC Program: • Annual REC Compliance Requirement for CRs • CRs are required to submit RECs annually in proportion to retail load served in TX • PUC Labeling Initiative: • RECs can be used for verification of advertising claims for green power

  11. REC Offsets • A REC offset represents one MWh of renewable energy from an Existing Facility that may be used in place of a REC to meet a renewable energy requirement. • Existing Facilities are Renewable Energy Generators placed in service before September 1, 1999. • Offsets used to reduce the mandated retirement of RECs for Competitive Retailers

  12. REC Offsets • To qualify for REC offsets in the REC Program, a Retail Electric Provider, Must have applied for REC OFFSETS to the PUCT by June 1, 2001 • REC OFFSETS are not tradable • Valid until PUCT revokes/cancels the awarded offsets or until the generator ceases to generate electricity

  13. REC Offsets & Generation & Transmission Cooperatives • G&T Cooperatives may: • Be responsible for the cumulative total of Offsets and their distribution and/or redistribution • Assign/Distribute Offsets to affiliate cooperative members for use when those members Opt-In to the Competitive Retail Market • May redistribute Offsets as additional members Opt-In

  14. ERCOT Responsibilities • PUC appointed ERCOT as REC Program Administrator in May 2000 • Register Program Participants • Create REC accounts • Track MWh of renewable energy generated • Create unique REC IDs for each MWh • Distribute RECs to generators, quarterly • Determine annual REC Allocation for Competitive Providers • Retire RECs submitted for compliance

  15. ERCOT Responsibilities • Retire REC’s as they expire • Maintain public information website • Provide monthly report of MWH load in Texas • Provide list of REC account holders with contact information • Provide list of Facility ID Numbers, and associated information • Provide reports to the PUCT – Compliance • Verify that Competitive Retailers meet REC compliance requirements

  16. MP Responsibilities: Generators • Apply to PUCT for certification as a REC generator • Apply to ERCOT for REC account • If not an ERCOT polled generator then the generator must enter monthly generation data in the ERCOT Web Site

  17. MP Responsibilities: Generators • Generate & Sell Energy • Separate Energy from Credits • Two revenue streams for generators • Receive and Sell RECs

  18. MP Responsibilities: CRs and Others • Competitive Retail Electric Providers • Apply to ERCOT for REC account after certification • Obtain annual REC Compliance Requirement from ERCOT by January 31st • Submit REC Compliance numbers to ERCOT by March 31st • If load is not ERCOT polled, then CR must enter load data in ERCOT Web Site

  19. MP Responsibilities: CRs and Others • Other Entities • No Restrictions on Participation • Apply to ERCOT for REC account

  20. ERCOT REC Website • All data available online for 3 years • No limits on REC Account Applications • All Activities Available Online • Account Registration • Trading • Secure Portal for REC Account Holders • Enable Account Activities: View, sort, batch, or singly identify RECs to Transfer or Retire

  21. Where is REC Website? Go to the ERCOT Website • www.ercot.com • Select View Other ERCOT Websites • Select Renewable Energy Credits Program-Texasrenewables.com • Select Login (New Users will need to register.) Some features do not require a login

  22. Login Register ERCOT Renewables Program Home Page View

  23. New Account Registration Form

  24. Select Competitive Retailers List of participating CR/REP Contact info

  25. Summary • REC Program is Mandated by the PUCT and administered by ERCOT • All CR/REPs serving load must participate • All CR/REPs are responsible for their reported load • Everything can be done from the ERCOT Renewables website

  26. Questions?

  27. ERCOT Challenge Which of the following is not a renewable energy source? • Solar Panels • Dams • Flowing Water Energy Capture Devices • Wind Generators • Resources derived from fossil fuels Answer - E

More Related