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Pricing Transparency Helps Electricity Industry Value Renewable Energy in USA
Platts, a leading global energy, petrochemical and metals information and benchmark price references provider, today said it has launched weekly price assessments for renewable energy certificates(RECs) covering 15 compliance products in use in eight U.S. states where renewable portfolio standards (RPS) have been mandated by state governments. Platts is also providing assessments for two voluntary products.
A REC represents the environmental attributes of a megawatt-hour of electricity from a renewable facility, like wind, solar, or geothermal.
