Delmarva Power & Light Company on Feb. 13 asked the Delaware Public Service Commission to approve its 2019 program for the procurement of solar renewable energy credits, or SRECs, to comply with the state’s renewable energy portfolio standard, which requires the percentage of retail energy supplied by renewable resources to increase over time to 25…
The compliance obligations under Ohio’s renewable portfolio standard has been shifting from electric distribution companies to competitive retail suppliers as consumers are exercising their choice of electric service providers, according to a Feb. 11 draft annual report by the Ohio Public Utilities Commission staff. Competitive suppliers were responsible for about 77 percent of Ohio’s overall…
Adoption of rules establishing a funding structure for offshore wind renewable energy credits set the stage for New Jersey’s first offshore wind solicitation and established the market certainty needed for long-term investment in the industry, according to a Feb. 8 report by the New Jersey Board of Public Utilities, detailing the progress made towards the state’s…
The Massachusetts Department of Public Utilities issued an order on Feb. 1 clarifying ownership of capacity and energy rights of facilities under net metering and Solar Massachusetts Renewable Target, or SMART, programs participating in the ISO New England Inc.’s forward capacity market. The order allows owners of storage-paired facilities to retain their energy or capacity…
