Abstract: . . .  choices to make about how they participate • Are there clear regulatory obligations or political expectations that compel municipal providers to meet RPS‐type provisions? If so: — Do RECs offer a lower cost means of compliance than bundled renewable energy purchases? What are the risks? — Can REC purchases be structured in ways to provide some of the price hedge value of renewables in volatile and escalating gas markets? — How long should REC purchase contracts span? And how should they be structured? What terms and conditions are necessary/desirable? • Will RECs be seen as credible in serving customers who want green power products? — What types of projects fit the bill? Are there geographic factors that could be important? — How do we make . . .
. . .  choices to make about how they participate • Are there clear regulatory obligations or political expectations that compel municipal providers to meet RPS‐type provisions? If so: — Do RECs offer a lower cost means of compliance than bundled renewable energy purchases? What are the risks? — Can REC purchases be structured in ways to provide some of the price hedge value of renewables in volatile and escalating gas markets? — How long should REC purchase contracts span? And how should they be structured? What terms and conditions are necessary/desirable? • Will RECs be seen as credible in serving customers who want green power products? — What types of projects fit the bill? Are there geographic factors that could be important? — How do we make . . .
. . .  RECs Although it seems inevitable that a REC system will be established for the Western states, public power entities will have choices to make about how they participate • Are there clear regulatory obligations or political expectations that compel municipal providers to meet RPS‐type provisions? If so: — Do RECs offer a lower cost means of compliance than bundled renewable energy purchases? What are the risks? — Can REC purchases be structured in ways to provide some of the price hedge value of renewables in volatile and escalating gas markets? — How long should REC purchase contracts span? And how should they be structured? What terms and conditions are necessary/desirable? • Will RECs be seen as credible in serving customers who want green . . .
. . .  Will RECs be seen as credible in serving customers who want green power products? — What types of projects fit the bill? Are there geographic factors that could be important? — How do we make sure that buying RECs delivers the environmental benefits that motivate green power purchases? — Can we generate RECs on our system, or behind‐the‐customer’s meter? Source: Evolution Markets Monthly Report 22 Questions/Additional Information: 23  . . .
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