USA:

Connecticut Start-Up Offers a Marketplace for Renewable Energy Certificates (Westfair Business Publications)

Stamford-based startup Skystream Markets is in the business of facilitating transactions between buyers and sellers of renewable energy certificates (RECs). As an electronic brokerage provider, Skystream has helped more than 120 national utility companies and trading firms save money and make a profit on this commodity in the past five years.

These renewable energy certificates quantify how much power energy companies place back on the electric grid. One renewable energy certificate is equivalent to one megawatt-hour of renewable energy that gets produced and delivered to the regional power grid.

“Let’s say you serve 100 megawatt-hours of power and you’re told 10 percent must come from renewable resources,” said Kapil Mohindra, co-founder of Skystream Markets. “You prove that you put that amount back into the grid by owning 10 RECs. You own the RECs by buying it from a local producer or creating your own renewable energy project.

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