The 26th RGGI carbon auction sold allowances at $5.21 each, generating approximately $94.82M. On December 5, 2014, the nine member states of the Regional Greenhouse Gas Initiative (RGGI) released the results of their 26th carbon auction (Auction 26) held on December 3. Auction 26 offered 18,198,685 allowances at a reserve price of $2 each. It sold…...
Federal tax incentives, strong state renewable portfolio standards, and associated renewable energy certificate programs facilitate regional installation growth. New England states must continuously analyze and update their RPS policies to ensure renewable energy growth, as developers currently rely on the standards and associated REC markets for project demand and financing. With federal and state policies…...
Governor Cuomo has launched Community Solar NY – a new component of the $1B NY-Sun initiative – aimed to boost solar deployment across communities. On December 5, 2014, New York Governor Andrew M. Cuomo launched Community Solar NY to support affordable community projects under the NY-Sun initiative. The $1B NY-Sun initiative – administered by the…...