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Author Archives: Shean Nelson

About Shean Nelson

Shean Nelson serves as the Chief Operating Officer for Flett Exchange. He is responsible for upholding the rules, settlement, and arbitration procedures that promote a fair and competitive marketplace. Mr. Nelson’s extensive experience and knowledge of regulatory standards has guided Flett Exchange to becoming a leading environmental exchange. Shean oversees spot, public-auction, voluntary, and long-term transactions to ensure that trades clear in a seamless manner. Mr. Nelson also manages Flett Exchange’s Renewable Energy Certificate (REC) management services. He assists firms, organizations, and individuals who want their RECs professionally managed by Flett Exchange. Shean brings over two decades of commodities experience to Flett Exchange. He has been a member of the COMEX since 1997, which is the world’s most active regulated metals exchange. His expertise was instrumental in executing various physical and derivative commodities transactions for an extensive customer base. In 2001, Shean joined the Flett Futures, Inc as a senior trader to assist in the firm’s transition from a brokerage to growing proprietary trading firm.

Energy Year 2011 SRECs rally $164.74 on Flett Exchange, Third Party Suppliers are Caught off-guard.


     September 8, 2011 Third Party Suppliers in New Jersey were largely caught off-guard by the final SREC requirements that were issued on August 26th, 2011. Compliance reports for the 2011 energy year are due on October 1st. At that time any company supplying electricity in New Jersey has to either …

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Posted in: New Jersey SRECs, Research, SREC

Stafford Township School District, New Jersey SREC Public-Auction Results


     September 7, 2011 – Flett Exchange is pleased to announce the results of the Stafford Township School District Solar Renewable Energy Credit SREC auction. The sale consisted of 273 credits representing solar energy generated during the 2011 energy year. The sale cleared at $645.01 per SREC. The 2011 energy year …

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Posted in: New Jersey SRECs, Press Releases, Public-Auctions, SREC


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Ohio SREC Market Update


The Ohio SREC market is a split market at this point. 50% of Ohio Renewable Portfolio Standard (RPS) buyers SREC purchases must be met by in-state facilities. The remaining 50% can be met by bordering state generators (PA, WV, KY, IN, MI) That are registered in the state of Ohio. …

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Posted in: Ohio SRECs, Research, SREC


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Pennsylvania Solar Energy Program Highlights


Under the direction of the Commonwealth Financing Authority (CFA), the Alternative and Clean Energy Program supplies loans and grants used for the development of clean energy projects in Pennsylvania. The program is administered by the Pennsylvania Department of Community and Economic Development in conjunction with the Department of Environmental Protection. …

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Posted in: Pennsylvania SREC, Research, SREC


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Pennsylvania Sunshine Solar Rebate Program


The Pennsylvania Sunshine Program was originated to offer rebates as incentives for the installation of solar energy systems. The program was authorized in July 2008, by the Pennsylvania legislature and began accepting applications in May 2009, under the direction of the Department of Environmental Protection (DEP). The program will provide …

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Posted in: Pennsylvania SREC, Research, SREC


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Massachusetts Introduces a Solar RPS Carve-Out


   Massachusetts is pursuing a solar Renewable Portfolio Standard (RPS) carve-out for its renewable energy policy. The state is planning to join other eastern states and institute a tradeable Solar Renewable Energy Certificate (SREC) program. Solar carve-outs can spur solar development and assist Massachusetts in achieving its renewable energy goal in …

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Posted in: Massachusetts SRECs, Research, SREC


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RGGI CO2 Allowances Secondary Market Report


Potomic Economics published a report on the RGGI market satus as of September 2009. Click on the following link for the report: http://www.rggi.org/docs/Secondary_Market_Report_September_2009.pdf


Posted in: RGGI


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Regional Greenhouse Gas Initiative (RGGI) Certificates Trade Up 33%


Regional Greenhouse Gas Initiative RGGI allowancess trade up 33% from the $3.07 auction clearing price. Prices on the Chicago Climate Exchange traded $4.60 for Dec 09 futures contracts on October 28, 2008. These prices are flat from pre-auction pricing. RGGI futures contracts debuted in August and have been in a $5.50 …

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Posted in: RGGI


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Flett Exchange Launches Regional Greenhouse Gas Initiative (RGGI) Allowance Market


On October 7th, 2008, Flett Exchange launched its Regional Greenhouse Gas Initiative (RGGI) carbon dioxide allowance market. The market is available to customers on the Flett Exchange Electronic Trading Platform. The market is for the immediate physical delivery of RGGI allowances through the RGGI CO2 Allowance Trading System (RGGI-COATS). Orders …

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Posted in: RGGI


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