Not exact matches
Renewable energy
producers earn RECs for electrical generation and states can determine if the distributed generation customer, or the utility that purchases excess
electricity,
owns the REC.
The emerging model is that the utilities (distribution companies) that are responsible for providing
electricity service to their customers act as portfolio managers, integrating all of the resources needed to provide that service, including
electricity from spot market purchases, independent power
producers, utility
owned generation, and demand side management.
With most of the country's coal and lignite mining companies and
electricity producers completely or partially
owned or controlled by the state, the national imperative to boost the industry is clear.
Under these policies, a
producer who generates more renewable
electricity than required to meet its
own RPS obligation may either trade or sell RECs to other
electricity suppliers who may not have enough RPS - eligible renewable
electricity to meet their
own RPS requirement.