Posts Tagged ‘SREC II’

Massachusetts DOER Announces SREC I and SREC II Auction Totals and Preliminary 2021 Minimum Standards

Posted July 21st, 2020 by SRECTrade.

On July 13, 2020, the Massachusetts Department of Energy Resources (DOER) announced final SRECs available for auction in this year’s Annual Solar Credit Clearinghouse Auction (SCCA) I and II, as well as the preliminary 2021 Minimum Standards for the SREC I and II programs.

The DOER confirmed that 103 certificates have been deposited for the SREC I auction, and 85 certificates have been deposited for the SREC II auction.

The DOER estimates a 2021 SREC I Minimum Standard of 1.6744% (748,584 MWh) for load executed under contract on or after June 28, 2013. This Minimum Standard applies regardless of which round the auction clears. Load served under contracts executed prior to June 28, 2013 will follow a Minimum Standard of 1.0252%.

The DOER estimates a 2021 SREC II Minimum Standard of 2.2828% (1,020,544 MWh) for load served under contracts executed between April 25, 2014 and May 8, 2016, and 3.8584% (1,724,956 MWh) for load served under contracts executed on or after May 8, 2016. This will only apply if the auction clears in the first two rounds. If the auction clears in the third round, the Minimum Standard will be 2.2830% for load served under contracts executed between April 25, 2014 and May 8, 2016 and 3.8586% for load served under contracts executed on or after May 8, 2016.

Tags: MA, Massachusetts, minimum standard, Solar Credit Clearinghouse Auction, SREC II, SREC-I
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MA 2018 Solar Credit Clearinghouse Auction Result Announcement

Posted July 26th, 2019 by SRECTrade.

On Thursday, July 25th, the Massachusetts Department of Energy Resources (DOER) announced that all of the MA2018 SREC Is and SREC IIs submitted to the auction account were transacted in the first round of the Solar Credit Clearinghouse Auction (SCCA).

A total volume of 9,780 SREC Is were bid on across 21 unique bidders, creating more than sufficient demand to clear the available auction volume of 632 SREC Is.

A total volume of 63,388 SREC IIs were bid on across 21 unique bidders, creating more than sufficient demand to clear the available auction volume of 4,626 SREC IIs.

DOER and EnelX are in the process of certifying and finalizing the auction results. More information will be made available on the SCCA webpage in the coming weeks.

If SRECTrade submitted SRECs to the SCCA on your behalf, we will provide further notice on the status of your transaction once the DOER and EnelX provide us with finalized auction results.

Tags: MA, Massachusetts, SCCA, Solar Credit Clearinghouse Auction, SREC II, SREC-I
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Massachusetts DOER Announces SMART Program Effective Date

Posted October 12th, 2018 by SRECTrade.

November 30, 2018 Update: Due to this email from the Massachusetts Department of Energy Resources (DOER) on October 12, 2018, SRECTrade had been operating under the premise that facilities larger than 25 kW DC could submit their SQA and mechanically complete documentation “by no later than December 10, 2018”. It has been brought to our attention that the mechanically complete extension applications for facilities larger than 25 kW DC had to have submitted an SQA application by November 26, 2018.

The December 10th deadline is for the mechanically complete document to be added to the existing SQA.

SRECTrade recommends that all affected facilities submit their SMART Initial Application Period applications by 11:59pm ET tonight, November 30th.

On Friday, October 12th, the Massachusetts Department of Energy Resources (DOER) announced that the Solar Massachusetts Renewable Target (SMART) Program effective date is November 26, 2018. November 26th is now the deadline for facilities larger than 25 kW DC to become mechanically complete and for facilities smaller than or equal to 25 kW DC to receive their Permission to Operate (PTO). On November 26th, at 12:00pm ET, the SMART Statement of Qualification application portal will open to begin accepting Statement of Qualification Applications for prospective Solar Tariff Generation Units (“STGU”) seeking to qualify under SMART.

Facilities larger than 25 kW DC will have until December 10, 2018 to submit their documentation demonstrating mechanical completion. Once granted, mechanically complete extensions are indefinite; facilities should simply submit their Permission to Operate (PTO) documents once received to complete their statement of qualification application. As a reminder, facilities can demonstrate mechanical completion by submitting one of the following documents:

Certificate of Completion
Proof that a wiring inspection has been scheduled by a date shortly after November 26, 2018
Affidavit signed by engineer of record stating that project is “mechanically complete”
Other documentation deemed satisfactory by DOER

Facilities smaller than or equal to 25 kW DC will have until February 15, 2019 to submit an application demonstrating authorization to interconnect. In other words, the PTO must be dated on or before November 26, 2018, but the DOER application can be submitted up through February 15, 2019.

Please note that SRECTrade typically asks for complete applications to be received five (5) business days in advance in order to guarantee submission by the DOER deadline.

Tags: DOER, Effective Date, MA, Massachusetts, SMART, SREC II
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Massachusetts DOER Schedules SMART Information Sessions and Clarifies SREC-II Transition Status

Posted October 1st, 2018 by SRECTrade.

On September 26th, the Massachusetts Department of Public Utilities (DPU) issued an order approving the model Solar Massachusetts Renewable Target (SMART) Program. This action is the final regulatory step in launching the program and initiates the transition from the Solar Carve-Out II (SREC-II) Program to SMART.

Notably, on October 1st, the Massachusetts Department of Energy Resources (DOER) clarified that the SMART Program Effective Date remains to be determined and that the SREC-II application window is still open. The DOER also announced a series of stakeholder meetings later this month to provide additional information on SMART requirements and the program transition process.

SRECTrade strongly encourages stakeholders seeking to enroll their solar projects in SREC-II to obtain Permission to Operate or mechanical completion for their projects as soon as possible. As a reminder, the SMART Program Effective Date will be the deadline for projects smaller than or equal to 25 kW DC to obtain Permission to Operate and the deadline for projects larger than 25 kW DC to achieve mechanical completion. SRECTrade will continue to provide significant updates as they become available.

Tags: MA, Massachusetts, SMART, Solar carve-out II, SREC II
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Massachusetts SREC-II Application Timeline

Posted June 27th, 2018 by SRECTrade.

While the Solar Massachusetts Renewable Target (SMART) Program Effective Date is still to be announced by the Department of Energy Resources (DOER), the application timelines for SREC-II have been set.

As a reminder, the SMART Program Effective Date will be the deadline for facilities smaller than or equal to 25 kW DC to be interconnected and facilities larger than 25 kW DC to be mechanically complete. This means that documentation must be dated on or before the Effective Date, but applications can be submitted for some time after.

Facilities larger than 25 kW DC will have two weeks after the SMART Program Effective Date to submit their documentation demonstrating mechanical completion. Once granted, mechanically complete extensions are indefinite – facilities should simply submit their Permission to Operate (PTO) documents once they are received to complete their statement of qualification application.

Facilities smaller than or equal to 25 kW DC will have until November 15th to submit an application demonstrating authorization to interconnect. In other words, the PTO must be dated on or before the effective date, but the applications can be submitted to the DOER up through November 15th.

For more information please reference the DOER’s Current Status of the Solar Carve Out II Program page.

Tags: MA, Massachusetts, SMART, SREC II
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DOER Announces SMART Program Administrator & 100 MW RFP // SREC-II Deadline on March 31, 2018

Posted November 14th, 2017 by SRECTrade.

On November 13, 2017 the Department of Energy Resources (DOER) announced that CLEAResult, Inc. will be the Solar Program Administrator for Massachusetts’s SMART Program.

The Distribution Companies have developed a request for proposals (RFP) for approximately 100 MW of solar projects in their respective utility service territories. The Distribution Companies will be hosting a bidder’s conference on Friday, November 17, 2017 at 1:00 PM EST to provide additional information and answer questions. Written comments on the RFP will be accepted through November 20, 2017 at 12:00 PM EST and should be submitted to ma.smart@clearesult.com. Bidders can submit an application on CLEAResult’s application website from November 27, 2017 – December 5, 2017 at 5:00 PM EST. Results will be announced by the DOER by January 11, 2018. These results will establish the Block 1 Base Compensation Rates under the SMART Program.

The full announcement by the DOER can be found here.

As a reminder, systems must be mechanically complete or commercially operational by March 31, 2018 in order to participate in SREC-II under the current SREC Factors. Factors will be further reduced after this date but will remain at 0.8 for systems less than or equal to 25 kW.

Tags: DOER, MA, SMART, SREC II
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DOER Files SMART Program Emergency Regulation

Posted June 5th, 2017 by SRECTrade.

On Monday, June 5th, the MA Department of Energy Resources (DOER) filed an emergency regulation to implement the Solar Massachusetts Renewable Target (SMART) Program. The regulation is directed toward supporting the development of an additional 1,600 MW of solar energy generating facilities via a declining block program.

Although the emergency regulation takes effect immediately, it can only remain in effect for three months. The emergency regulation is a placeholder, pending a full rulemaking proceeding conducted by DOER, at which time the final program rules will be established. Following the conclusion of the DOER’s rulemaking process, the Department of Public Utilities (DPU) will need to conduct a proceeding for the DPU’s approval of the tariffs filed by the Electric Distribution Companies. Only after this rulemaking and proceeding take place will the SMART program be in effect. Accordingly, the SREC-II program remains in effect for all eligible solar facilities.

As a result of this implementation schedule, it is expected that solar facilities will be eligible to qualify for the SREC-II program through the end of Quarter 1, 2018.

For more information on the SMART program, please feel free to reference our last blog post on the topic here. The DOER’s official notice regarding this emergency regulation is available here.

Tags: Emergency Regulation, MA, MA RPS, MA SREC, ma srec II, Regulation, SMART, SREC II
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DOER Announces Final SREC-II Factor Guidelines

Posted March 27th, 2017 by SRECTrade.

On Thursday, March 23rd the DOER provided an update on the finalized SREC-II program SREC Factors for projects over 25 kW that have not previously qualified for an SREC-II extension.

All SREC-II facilities that have a Statement of Qualification (SQA), but have not yet received an extension, will have their SQAs rejected. New applications may be submitted for these facilities, however, to seek an extension under these new guidelines. Any extension granted will be effective until March 31, 2018 at the following factors:

new-market-factors

Please note that SREC-II systems with a capacity equal to or less than 25 kW will still receive an SREC Factor of 0.8, so long as they receive their authorization to interconnect before the effective date of the SMART program.

Facilities eligible for the extension are those that have not already received either a mechanically complete or 50% construction cost extension; facilities that can demonstrate that they are mechanically complete or commercially operational by March 31, 2018 will receive their respective SREC Factor listed above.

Tags: Extension, MA, SMART, SREC II
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DOER Announces Status of Next Generation Incentive Program and SREC-II Bridge

Posted January 24th, 2017 by SRECTrade.

This morning, the DOER provided an update on both the Next Generation Incentive Program and the transition between SREC-II and the new program.

Next Generation Incentive Program

The DOER will present the final proposal for the design of the Next Generation Incentive Program at a public briefing on January 31, 2017. Per the DOER’s update, the “proposal will be used by DOER as the framework for the regulation to implement the program, which DOER plans to file in the coming weeks.”

SREC-II Transition

Due to the expected timeframe for the implementation of the Next Generation Incentive Program, the DOER is in the process of implementing interim measures to bridge the gap and ensure a smooth transition between SREC-II and the new program. The DOER will provide additional details regarding these interim measures in the January 31st meeting.

Information for the meeting is as follows:

Date: January 31, 2017

Time: 1:00-4:00PM

Location: Federal Reserve Building

Morris Auditorium

600 Atlantic Avenue

Boston, MA 02210

The Federal Reserve Building requires a list of all attendees in advance of the meeting. If you plan to attend the meeting, the DOER requests that you please fill out this form to RSVP by 5:00PM this Friday, January 27, 2017.

Tags: ma srec II, Mass SREC, massachusetts SREC II, SREC II
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MA SREC-II Extension Webinar

Posted December 13th, 2016 by SRECTrade.

Earlier today, SRECTrade hosted a webinar covering the current state of the Massachusetts SREC-II program, key deadlines for qualifying systems under SREC-II, and SRECTrade application processes.

The application window is currently open for all MA systems, regardless of size, although qualification deadlines are approaching. Please feel free to reference SREC-II Extension Application Instructions HERE.

For access to the presentation slides, please click here: MA SREC-II Extension Webinar. To view a video recording of the webinar, please click the image below.

This document and recording is protected by copyright laws and contains material proprietary to SRECTrade, Inc. It or any components may not be reproduced, republished, distributed, transmitted, displayed, broadcast or otherwise exploited in any manner without the express prior written permission of SRECTrade, Inc. The receipt or possession of this document does not convey any rights to reproduce, disclose, or distribute its contents, or to manufacture, use, or sell anything that it may describe, in whole or in part. If consent to use these materials is granted, a link to the current version of this document on the SRECTrade website must be included for reference.

Tags: Application, DOER, Extension, MA, SREC II
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