Non-Solar REC Trading Falls Drastically in January After Hitting December High
A government proposal to penalize companies that fail to meet their RPO targets could be a gamechanger for the REC trade
February 2, 2018
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After touching new highs in December 2017, the trade in non-solar Renewable Energy Certificates (RECs) declined by almost two-thirds in January 2018 to 1.2 million total buy bids. The decline appeared stark following a December boost in trading that was caused by bulk purchase by obligated entities scrambling to meet their REC targets.
Saumy Prateek
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