Seizing Opportunities and Removing Obstacles
Seizing Opportunities and Removing Obstacles
Seizing Opportunities and Removing Obstacles
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OPPORTUNITY- Use RPS to get higher price for manure to energy<br />
Renewable Portfolio St<strong>and</strong>ard<br />
Md.- 20% by 2022; 2% solar<br />
Pa.- 18% by 2021; .44% solar<br />
Va.- 12% by 2024 (voluntary)<br />
ISSUES<br />
• Utilities buy renewable energy credits (REC’s) from 12<br />
states <strong>and</strong> D.C. in PJM, our regional transmission<br />
organization.<br />
• Will not necessarily promote in-state production.<br />
• REC market is flooded, can be banked for two years.