A recent report from renewable energy markets firm Karbone indicates that Green-e certified renewable energy credits (RECs) have performed well through the first two quarters of 2013 and are expected to retain their strong market position through at least the end of July. This is despite the fact that some states with renewable energy portfolio standards (RPS), such as California, are experiencing an abundance of supply resulting in market saturation and low liquidity.
Since 2007, Green-e RECs have experienced year-over-year growth of more than 30% and are expected to grow again this year. More than 25 million Green-e certified RECs were sold in 2011. These RECs offer a number of advantages to voluntary purchasers, including greater liquidity, affordability, a compelling corporate responsibility story, and a value proposition that is not subject to regulation or legislation the way that RPS RECs are. The Green-e REC market remains both stable and strong, and Karbone forecasts that it will stay that way, great news for all voluntary suppliers and purchasers.
Renewable Choice is proud to offer our clients a diverse REC portfolio with 100% Green-e certified RECs.