Posts Tagged ‘MD SRECs’

Urge Maryland Legislature to Override Gov. Hogan’s Veto on RPS Bill HB1106

Posted January 17th, 2017 by SRECTrade.

In May 2016, Maryland Governor Hogan vetoed the Clean Energy Jobs – Renewable Energy Portfolio Standard Revisions bill (SB0921/HB1106). This month, the Maryland State Legislature will commence its discussion on overriding Gov. Hogan’s veto and passing into law legislation that would increase the state’s RPS to 25% by 2020. The expanded RPS will allow for the continued growth and success of the state’s renewable energy economy by increasing supply demands and creating new clean energy job opportunities. To address program costs, HB1106 reduces the SACP levels beginning in 2017 as shown below.

 

You can support the override efforts by urging the Maryland State Legislature to override the Governor’s veto and protect the Maryland solar industry. Sign MDV-SEIA’s Override Letter here today. In addition, we encourage Maryland residents and businesses to contact their local representatives in support of HB1106. You can find your local representative here.

Maryland RPS Bill Passes in the Senate

Posted April 7th, 2016 by SRECTrade.

On Wednesday, April 6th, Maryland’s Senate passed SB0921 31-14 with a bipartisan vote. The “Clean Energy Jobs – Renewable Energy Portfolio Standard Revisions” increases the Renewable Portfolio Standard to 25 percent by 2020 – up from the current obligation of 20 percent by 2022. The House version of the bill, HB1106, passed on March 21st. The consolidation of these two bills is anticipated to occur by Monday, April 11th, before advancing to Governor Larry Hogan’s desk.

On a related note, Gov. Hogan signed the Greenhouse Gas Emissions Reduction Act (SB0323) into law on Monday, April 4th, requiring the state to decrease greenhouse gas emissions by 40 percent from 2006 levels by 2030.

Maryland RPS Bill Passes in the House

Posted March 21st, 2016 by SRECTrade.

On Monday, Maryland’s House of Delegates voted to pass HB1106 with a 92-43 vote. The bill previously known as the Maryland Clean Energy Jobs Act of 2016 was divided into two bills last week, and HB1106 was distilled to focus on the RPS components of the original bill. HB1106, which was retitled to “Clean Energy – Renewable Energy Portfolio Standard Revisions”, schedules an increase to the state’s existing Renewable Portfolio Standard (RPS), including slight increases to the solar carve-out. The increases to the solar carve-out would result in increased demand for MD SRECs. Now that the bill has passed in the house, it will cross over to the Senate for review by the Senate Finance Committee. If SB0921 comes out of the Senate Finance Committee with a favorable report, it will go to the Senate Floor for a vote.

HB1106 was bifurcated from the jobs appropriation component of the Maryland Clean Energy Jobs Act of 2016 last week. On March 16th, the Maryland Public Utilities Subcommittee of the Economics Matters Committee passed three significant amendments to HB1106 to narrow the bill’s focus to the RPS. Notably, these amendments involved:

  • Dividing the RPS increase and workforce development components of the bill, leaving the Clean Energy Jobs Act as a stand-alone RPS bill. The Cove Point settlement funds, which would finance the workforce development processes, would be parsed into another bill, HB1404. HB1404 aims to provide funding for construction and vocational work through a new “Center for Education and Innovation.”
  • Excluding the Choptank Cooperative from state RPS requirements.  This is an extension of the RPS’s current language and allows Choptank to meet its contractual obligations with Old Dominion Electric Cooperative (ODEC), a power supply co-op in Virginia.
  • Adding sponsors to the new stand-alone RPS bill, in an effort to achieve bipartisan support of the bill.

The isolation of the RPS legislation from the workforce development components of the bill was received favorably in the House, and the bisection may help to secure the bill’s passage through the Senate Finance Committee and on the Senate Floor.

SRECTrade will continue to provide updates on the status of the Maryland RPS as we acquire new information. For more information on the Clean Energy Jobs Act, please view our previous blog post on the topic here.

MD and DC SREC Market Webinar Posted

Posted March 28th, 2013 by SRECTrade.

On Thursday, 3/28/2013, SRECTrade recorded a webinar covering the MD and DC SREC markets. The webinar can be viewed by clicking the image below. A .pdf version of the slides is available here. For questions about selling or buying SRECs in the MD or DC SREC markets please contact us at 877-466-4606 or customerservice@srectrade.com.

MD and DC Webinar Image 2013-03-28

MD Solar Thermal Systems Await Application from MD PSC

Posted October 25th, 2011 by SRECTrade.

On January 1st, 2012 the Maryland Public Service Commission (PSC) will begin accepting applications for MD-sited Solar Water Heating Systems (SWH) to become certified to sell SRECs in the MD SREC market. As this law allows eligible systems to be installed on or after June 1, 2011, many MD customers are anxiously awaiting their turn to participate in the MD SREC market. As long as a SWH facility meets the necessary metering standards described in an earlier blog post, the facility can produce SRECs for each MWh-equivalent of thermal energy consumed. For single-dwelling residential systems, there is a maximum 5 SRECs per year that may be produced.

The MD PSC will release the formal application form and list of necessary requirements over the next few weeks. While the MD PSC finalizes their application process, MD SWH systems are encouraged to check out our EasyREC SREC management service and to fill out the SRECTrade Solar Thermal EasyREC form. SRECTrade will guide your system through the registration phase and alert you to any supporting documentation that we will need. Check back on our blog for further updates as we approach the new year.

Solar Capacity in the SREC States – August 2011

Posted August 26th, 2011 by SRECTrade.

SRECTrade SREC Markets Report: August 2011

The following post outlines the megawatts of solar capacity certified and/or registered to create SRECs in the SREC markets SRECTrade currently serves.

For a PDF copy of this table click here.

Renewable Generators in GATS 8_25_11_v4

PJM Eligible Systems

As of the end of August, there were 18,112 solar PV (17,791) and solar thermal (321) systems registered and eligible to create SRECs in the PJM Generation Attribute Tracking System (GATS) registry. Of these eligible systems, 77 (0.43%) have a nameplate capacity of 1 megawatt or greater, of which only 6 systems are greater than 5 MW. The largest system, currently located in New Jersey, is 18.3 MW, and the second largest, located in Ohio is 12 MW. The third largest system, at 11.2 MW, is located in Delaware.

Beginning of energy year for DE, NJ, and PA

June 1, 2011 marked the beginning of the new energy year for DE, NJ, and PA. All requirements for these markets increase given their RPS solar carve out schedules. SRECs for the month of July, the second creation period for the new reporting year, will be minted at the end of August.

Delaware: The reporting year 2011-2012 requirement for DE equates to approximately 21 MW being online for the entire year or approximately 25,600 SRECs created. As of August 25, 2011, 20.5 MW of solar capacity was registered and eligible to create DE SRECs in PJM GATS. 11.2 MW of the 20.5 MW currently eligible is from the Dover Sun Park project developed by LS Power. In the 2011-12 compliance year, Delmarva Power has contracted to purchase 9,846 SRECs from the project, of which 7,000 are being held by the Sustainable Energy Utility (SEU) until 2015-16*.

New Jersey: The reporting year 2012 requirement for NJ equates to approximately 368 MW being online for the entire year with a fixed SREC requirement of 442,000 MWhs. As of August 25, 2011, 379 MW of solar capacity was registered and eligible to create NJ SRECs in PJM GATS. While this figure represents all projects registered in GATS, there are recently installed projects awaiting issuance of a New Jersey state certification number. This delay results in a portion of installed projects not yet represented in the 379 MW figure. On July 26, 2011 the NJ Office of Clean Energy (NJ OCE) reported that as of June 30, 2011 more than 380 MW (10,086 projects) of solar had been installed in NJ. The news release noted that 40 MW were installed in the month of June. The installation data for July 2011 has not yet been released by the NJ OCE. For more details on the the current NJ market conditions see this post.

Pennsylvania: The reporting year 2012 requirement for PA equates to approximately 44 MW being online for the entire year or approximately 53,000 SRECs created. As of August 25, 2011, 124.5 MW of solar capacity was registered and eligible to create PA SRECs in PJM GATS.

Massachusetts DOER Qualified Projects

As of August 15, 2011, there were 861 MA DOER qualified solar projects; 829 operational and 32 not operational. Of these qualified systems, 11 (1.3%) have a nameplate capacity of 1 megawatt or greater, of which only 3 are between 1.5 and 2 MW. Three of the projects greater than 1 MW are currently operational.

Capacity Summary By State

The tables above demonstrate the capacity breakout by state. Note, that for all PJM GATS registered projects, each state includes all projects certified to sell into that state. State RPS programs that allow for systems sited in other states to participate have been broken up by systems sited in state and out of state. Additional detail has been provided to demonstrate the total capacity of systems only certified for one specific state market versus being certified for multiple state markets. For example, PA includes projects only certified to sell into the PA SREC market, broken out by in state and out of state systems, as well as projects that are also certified to sell into PA and Other State markets broken out by in state and out of state systems (i.e. OH, DC, MD, DE, NJ). PA Out of State includes systems sited in states with their own state SREC market (i.e. DE) as well as systems sited in states that have no SREC market (i.e. VA). Also, it is important to note that the Current Capacity represents the total megawatts eligible to produce and sell SRECs as of the noted date, while the Estimated Required Capacity – Current and Next Reporting Year represents the estimated number of MW that need to be online on average throughout the reporting period to meet the RPS requirement within each state. For example, New Jersey needs approximately 368 MW online for the entire 2012 reporting year to meet the RPS requirement. Additionally, the data presented above does not include projects that are in the pipeline or currently going through the registration process in each state program. This data represents specifically the projects that have been approved for the corresponding state SREC markets as of the dates noted.

*Source: State of Delaware Pilot Program For the Procurement of Solar Renewable Energy Credits: Recommendations of the Renewable Energy Taskforce

Solar Capacity in the SREC States – July 2011

Posted July 26th, 2011 by SRECTrade.

SRECTrade SREC Markets Report: July 2011

The following post outlines the megawatts of solar capacity certified and/or registered to create SRECs in the SREC markets SRECTrade currently serves.

For a PDF copy of this table click here.

Capacity_July11

PJM Eligible Systems

As of the end of July, there were 17,106 solar PV (16,792) and solar thermal (314) systems registered and eligible to create SRECs in the PJM Generation Attribute Tracking System (GATS) registry. Of these eligible systems, 70 (0.40%) have a nameplate capacity of 1 megawatt or greater, of which only 4 systems are greater than 5 MW. The largest system, currently located in New Jersey, is 18.3 MW, and the second largest, located in Ohio is 12 MW. The third largest system, at 10 MW, is located in IL and eligible for the MD, PA, and DC SREC markets. The fourth largest, at 6.2 MW, is located in New Jersey.

New Energy Year To Begin for DE, NJ, and PA

June 1, 2011 marks the beginning of the new energy year for DE, NJ, and PA. All requirements for these markets increase given their RPS solar carve out schedules. SRECs for the month of June, the first creation period for the new reporting year, will be minted at the end of July.

Delaware: The reporting year 2011-2012 requirement for DE equates to approximately 21 MW being online for the entire year or approximately 25,600 SRECs created. As of July 25, 2011, 9.1 MW of solar capacity was registered and eligible to create DE SRECs in PJM GATS.

New Jersey: The reporting year 2012 requirement for NJ equates to approximately 368 MW being online for the entire year with a fixed SREC requirement of 442,000 MWhs. As of July 25, 2011, 347.5 MW of solar capacity was registered and eligible to create NJ SRECs in PJM GATS. While this figure represents all projects registered in GATS, there are recently installed projects awaiting issuance of a New Jersey state certification number. This delay results in a portion of installed projects not yet represented in the 347.5 MW figure. On July 26, 2011 the NJ Office of Clean Energy (NJ OCE) reported that as of June 30, 2011 more than 380 MW (10,086 projects) of solar had been installed in NJ. The news release noted that 40 MW were installed in the month of June.

Pennsylvania: The reporting year 2012 requirement for PA equates to approximately 44 MW being online for the entire year or approximately 53,000 SRECs created. As of July 25, 2011, 115.7 MW of solar capacity was registered and eligible to create PA SRECs in PJM GATS.

Massachusetts DOER Qualified Projects

As of July 11, 2011, there were 682 MA DOER qualified solar projects; 649 operational and 33 not operational. Of these qualified systems, 11 (1.6%) have a nameplate capacity of 1 megawatt or greater, of which only 3 are between 1.5 and 2 MW. Three of the projects greater than 1 MW are currently operational.

Capacity Summary By State

The tables above demonstrate the capacity breakout by state. Note, that for all PJM GATS registered projects, each state includes all projects certified to sell into that state. State RPS programs that allow for systems sited in other states to participate have been broken up by systems sited in state and out of state. Additional detail has been provided to demonstrate the total capacity of systems only certified for one specific state market versus being certified for multiple state markets. For example, PA includes projects only certified to sell into the PA SREC market, broken out by in state and out of state systems, as well as projects that are also certified to sell into PA and Other State markets broken out by in state and out of state systems (i.e. OH, DC, MD, DE, NJ). PA Out of State includes systems sited in states with their own state SREC market (i.e. DE) as well as systems sited in states that have no SREC market (i.e. VA). Also, it is important to note that the Current Capacity represents the total megawatts eligible to produce and sell SRECs as of the noted date, while the Estimated Required Capacity – Current and Next Reporting Year represents the estimated number of MW that need to be online on average throughout the reporting period to meet the RPS requirement within each state. For example, New Jersey needs approximately 368 MW online for the entire 2012 reporting year to meet the RPS requirement. Additionally, the data presented above does not include projects that are in the pipeline or currently going through the registration process in each state program. This data represents specifically the projects that have been approved for the corresponding state SREC markets as of the dates noted.

Solar Capacity in the SREC States – June 2011

Posted July 5th, 2011 by SRECTrade.

SRECTrade SREC Markets Report: June 2011

The following post outlines the megawatts of solar capacity certified and/or registered to create SRECs in the SREC markets SRECTrade currently serves.

For a PDF copy of this table click here.

Capacity_June2011_1

PJM Eligible Systems

As of the end of June, there were 16,381 solar PV (16,069) and solar thermal (312) systems registered and eligible to create SRECs in the PJM Generation Attribute Tracking System (GATS) registry. Of these eligible systems, 65 (0.40%) have a nameplate capacity of 1 megawatt or greater, of which only 4 systems are greater than 5 MW. The largest system, currently located in New Jersey, is 18.3 MW,  and the second largest, located in Ohio is 12 MW. The third largest system, at 10 MW, is located in IL and eligible for the MD, PA, and DC SREC markets. The fourth largest, at 6.2 MW, is located in New Jersey.

New Energy Year To Begin for DE, NJ, and PA

June 1, 2011 marks the beginning of the new energy year for DE, NJ, and PA. All requirements for these markets increase given their RPS solar carve out schedules. SRECs for the month of June, the first creation period for the new reporting year, will be minted at the end of July.

Delaware: The reporting year 2011-2012 requirement for DE equates to approximately 21 MW being online for the entire year or approximately 25,600 SRECs created. As of June 30, 2011, 9.1 MW of solar capacity was registered and eligible to create DE SRECs in PJM GATS.

New Jersey: The reporting year 2012 requirement for NJ equates to approximately 368 MW being online for the entire year with a fixed SREC requirement of 442,000 MWhs. As of June 30, 2011, 332 MW of solar capacity was registered and eligible to create NJ SRECs in PJM GATS. As of April 30, 2011, the NJ Office of Clean Energy (NJOCE) reported that 330.5 MW (9,181 projects) of solar had been installed in the state. The NJOCE data shows that from November 2010 – April 2011, the average installed capacity per month was 18 MW. Forecasts prepared by the NJOCE, show the monthly rate of installation through September 2011 ranging between 17 – 30 MW per month depending on different scenarios.

Pennsylvania: The reporting year 2012 requirement for PA equates to approximately 44 MW being online for the entire year or approximately 53,000 SRECs created. As of June 30, 2011, 104.8 MW of solar capacity was registered and eligible to create PA SRECs in PJM GATS.

Massachusetts DOER Qualified Projects

As of May 6, 2011, there were 524 MA DOER qualified solar projects; 467 operational and 57 not operational. Of these qualified systems, 11 (2.1%) have a nameplate capacity of 1 megawatt or greater, of which only 3 are between 1.5 and 2 MW. Three of the projects greater than 1 MW are currently operational.

Capacity Summary By State

The tables above demonstrate the capacity breakout by state. Note, that for all PJM GATS registered projects, each state includes all projects certified to sell into that state. State RPS programs that allow for systems sited in other states to participate have been broken up by systems sited in state and out of state. Additional detail has been provided to demonstrate the total capacity of systems only certified for one specific state market versus being certified for multiple state markets. For example, PA includes projects only certified to sell into the PA SREC market, broken out by in state and out of state systems, as well as projects that are also certified to sell into PA and Other State markets broken out by in state and out of state systems (i.e. OH, DC, MD, DE, NJ). PA Out of State includes systems sited in states with their own state SREC market (i.e. DE) as well as systems sited in states that have no SREC market (i.e. VA). Also, it is important to note that the Current Capacity represents the total megawatts eligible to produce and sell SRECs as of the noted date, while the Estimated Required Capacity – Current and Next Reporting Year represents the estimated number of MW that need to be online on average throughout the reporting period to meet the RPS requirement within each state. For example, New Jersey needs approximately 255 MW online for the entire 2011 reporting year to meet the RPS requirement. Additionally, the data presented above does not include projects that are in the pipeline or currently going through the registration process in each state program. This data represents specifically the projects that have been approved for the corresponding state SREC markets as of the dates noted.

Solar Capacity in the SREC States – May 2011

Posted June 1st, 2011 by SRECTrade.

SRECTrade SREC Markets Report: May 2011

The following post outlines the megawatts of solar capacity certified and/or registered to create SRECs in the SREC markets SRECTrade currently serves.

May 2011 Updated JPEG

PJM Eligible Systems

As of the end of May, there were 15,480 solar PV (15,203) and solar thermal (277) systems registered and eligible to create SRECs in the PJM Generation Attribute Tracking System (GATS) registry. Of these eligible systems, 59 (0.38%) have a nameplate capacity of 1 megawatt or greater, of which only 3 systems are greater than 5 MW. The largest system, currently located in New Jersey, is 18.3 MW,  and the second largest, located in Ohio is 12 MW. The third largest system, is located in IL and eligible for the MD, PA, and DC SREC markets, is 10 MW.

Massachusetts DOER Qualified Projects

As of May 6, 2011, there were 524 MA DOER qualified solar projects; 467 operational and 57 not operational. Of these qualified systems, 11 (2.1%) have a nameplate capacity of 1 megawatt or greater, of which only 3 are between 1.5 and 2 MW. Three of the projects greater than 1 MW are currently operational.

Capacity Summary By State

The tables above demonstrate the capacity breakout by state. Note, that for all PJM GATS registered projects, each state includes all projects certified to sell into that state. State RPS programs that allow for systems sited in other states to participate have been broken up by systems sited in state and out of state. Additional detail has been provided to demonstrate the total capacity of systems only certified for one specific state market versus being certified for multiple state markets. For example, PA includes projects only certified to sell into the PA SREC market, broken out by in state and out of state systems, as well as projects that are also certified to sell into PA and Other State markets broken out by in state and out of state systems (i.e. OH, DC, MD, DE, NJ). PA Out of State includes systems sited in states with their own state SREC market (i.e. DE) as well as systems sited in states that have no SREC market (i.e. VA). Also, it is important to note that the Current Capacity represents the total megawatts eligible to produce and sell SRECs as of the noted date, while the Estimated Required Capacity – Current and Next Reporting Year represents the estimated number of MW that need to be online on average throughout the reporting period to meet the RPS requirement within each state. For example, New Jersey needs approximately 255 MW online for the entire 2011 reporting year to meet the RPS requirement. Additionally, the data presented above does not include projects that are in the pipeline or currently going through the registration process in each state program. This data represents specifically the projects that have been approved for the corresponding state SREC markets as of the dates noted.

Subscribe

Solar Capacity in the SREC States – April 2011

Posted May 4th, 2011 by SRECTrade.

SRECTrade SREC Markets Report: April 2011

The following post outlines the megawatts of solar capacity certified and/or registered to create SRECs in the SREC markets SRECTrade currently serves.

GATS_MA_Generators_April_2011_v1

PJM Eligible Systems

As of the end of April, there were 14,598 solar PV (14,344) and solar thermal (254) systems registered and eligible to create SRECs in the PJM Generation Attribute Tracking System (GATS) registry. Of these eligible systems, 52 (0.36%) have a nameplate capacity of 1 megawatt or greater, of which only 3 systems are greater than 5 MW. The largest system, currently located in Ohio, is 12 MW,  and the second largest, located in Chicago and eligible for the PA, DC, and MD markets, is 10 MW. The third largest system, located in NJ, is 5.6 MW.

Massachusetts DOER Qualified Projects

As of April 13, 2011, there were 524 MA DOER qualified solar projects; 467 operational and 57 not operational. Of these qualified systems, 11 (2.1%) have a nameplate capacity of 1 megawatt or greater, of which only 3 are between 1.5 and 2 MW. Three of the projects greater than 1 MW are currently operational.

Capacity Summary By State

The tables above demonstrate the capacity breakout by state. Note, that for all PJM GATS registered projects, each state includes all projects certified to sell into that state. State RPS programs that allow for systems sited in other states to participate have been broken up by systems sited in state and out of state. Additional detail has been provided to demonstrate the total capacity of systems only certified for one specific state market versus being certified for multiple state markets. For example, PA includes projects only certified to sell into the PA SREC market, broken out by in state and out of state systems, as well as projects that are also certified to sell into PA and Other State markets broken out by in state and out of state systems (i.e. OH, DC, MD, DE, NJ). PA Out of State includes systems sited in states with their own state SREC market (i.e. DE) as well as systems sited in states that have no SREC market (i.e. VA). Also, it is important to note that the Current Capacity represents the total megawatts eligible to produce and sell SRECs as of the noted date, while the Estimated Required Capacity – Current and Next Reporting Year represents the estimated number of MW that need to be online on average throughout the reporting period to meet the RPS requirement within each state. For example, New Jersey needs approximately 255 MW online for the entire 2011 reporting year to meet the RPS requirement. Additionally, the data presented above does not include projects that are in the pipeline or currently going through the registration process in each state program. This data represents specifically the projects that have been approved for the corresponding state SREC markets as of the dates noted.

Subscribe