New Paper on Solar Renewable Energy Certificate (SREC) Markets: Status and Trends
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.
Find out more and access the report here.
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