From the Renewable Energy Desk
12.29.09
Calif. PUC Releases Draft REC Decision
CPUC releases proposed rules for TRECs. Despite restrictions for utilities and price cap, they are a positive sign for market.

Just before Christmas, the California Public Utility Commission released a proposed decision for an unbundled tradeable renewable energy certificate (TREC) program. The rules, if adopted, should be a boon to the development of renewable energy in the West. Despite a price cap and restrictions on utilities, the proposed decision should also greatly assist in making supply available to entities seeking to comply with the State's ambitious renewable portfolio standard.

Full details on the CPUC's proposed decision from our West Coast Renewable Energy Markets team can be found HERE.


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