Solar Renewable Energy Certificate (SREC) Markets: Status and Trends

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Description

This paper examines experience in solar renewable energy certificate (SREC) markets in the United States. It describes how SREC markets function--key policy design provisions, eligible technologies, state and regional eligibility rules, solar alternative compliance payments, measurement and verification methods, long-term contracting provisions, and rate caps. It also examines the trends of SREC markets--trading volumes, sourcing trends, trends in the size of solar photovoltaic (PV) systems driven by these markets, and trends in price and compliance. Throughout, the paper explores key issues and challenges facing SREC markets and attempts by policymakers to address some of these market barriers. Data and information ... continued below

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58 pp.

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Bird, L.; Heeter, J. & Kreycik, C. November 1, 2011.

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Description

This paper examines experience in solar renewable energy certificate (SREC) markets in the United States. It describes how SREC markets function--key policy design provisions, eligible technologies, state and regional eligibility rules, solar alternative compliance payments, measurement and verification methods, long-term contracting provisions, and rate caps. It also examines the trends of SREC markets--trading volumes, sourcing trends, trends in the size of solar photovoltaic (PV) systems driven by these markets, and trends in price and compliance. Throughout, the paper explores key issues and challenges facing SREC markets and attempts by policymakers to address some of these market barriers. Data and information presented in this report are derived from SREC tracking systems, brokers and auctions, published reports, and information gleaned from market participants and interviews with state regulators responsible for SREC market implementation. The last section summarizes key findings.

Physical Description

58 pp.

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  • Report No.: NREL/TP-6A20-52868
  • Grant Number: AC36-08GO28308
  • DOI: 10.2172/1029410 | External Link
  • Office of Scientific & Technical Information Report Number: 1029410
  • Archival Resource Key: ark:/67531/metadc833395

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Office of Scientific & Technical Information Technical Reports

Reports, articles and other documents harvested from the Office of Scientific and Technical Information.

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Creation Date

  • November 1, 2011

Added to The UNT Digital Library

  • May 19, 2016, 3:16 p.m.

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  • June 15, 2016, 4:01 p.m.

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Bird, L.; Heeter, J. & Kreycik, C. Solar Renewable Energy Certificate (SREC) Markets: Status and Trends, report, November 1, 2011; Golden, Colorado. (digital.library.unt.edu/ark:/67531/metadc833395/: accessed June 19, 2018), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.