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Tag Archives: class I rec

Proposal to Extend and Expand Federal Renewable Energy Grants Until 2012


      June 15, 2010, WASHINGTON DC — — U.S. Senators proposed extending the 30% federal cash grants to renewable energy developers for another two years. Passed as part of the “2009 Recovery and Reinvestment Act”, Section 1603 gives 30% cash grants in lieu of investment tax credit (ITC) to renewable energy …

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Posted in: Class I RECs, Federal Grants, Research, SREC, T-REC


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Future of Connecticut Energy Financing Bill Remains Uncertain After Veto


      The Connecticut State Senate and House of Representatives passed State Bill 493 recently, but a veto from the Nutmeg State’s republican governor, M. Jodi Rell, has state democrats scrambling for votes to overturn her decision. Rell says the Bill, entitled “AN ACT REDUCING ELECTRICITY COSTS AND PROMOTING RENEWABLE ENERGY”, will …

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Posted in: Class I RECs, Connecticut Class I RECs, Research


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Government Agencies Utilize Flett Exchange to Sell their RECs


The Flett Exchange Internet Trading Platform provides the transparency and competition needed by states, counties, and townships when they sell Renewable Energy Certificates REC. Flett Exchange has a diverse group of buyers in its markets that need to buy RECs to satisfy Renewable Portfolio Standards RPS. All bids are logged …

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Posted in: Class I RECs, New Jersey Class I RECs, Press Releases


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Flett Exchange launches New Jersey Class 1 REC Market


Flett Exchange launched the New Jersey Class 1 REC market on its Internet Trading Platform. The market enables generators of Class 1 RECs to sell directly to electric generators who need to buy for their RPS. Sellers transfer the RECs on the PJM GATS platform and receive payment immediately via …

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Posted in: Class I RECs, New Jersey Class I RECs


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Flett Exchange provides liquidity and transparency to the NJ Class 1 REC market


Flett Exchange has brought liquidity and transparency to the New Jersey Class 1 REC market via its Internet trading platform. Coupled with this Flett also provides clearing for all transactions. Sellers transfer RECs to the Flett Exchange escrow account via GATS. The RECs are held until funds clear in either …

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Posted in: Class I RECs, New Jersey Class I RECs


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