WCI Home News & Updates VRE Issues and Draft Recommendation Released

VRE Issues and Draft Recommendation Released PDF Print E-mail

Voluntary purchases of renewable energy products have played an important role in expanding the renewable energy market in many WCI jurisdictions.  The Electricity Team has examined how the voluntary renewable energy (VRE) market may be affected by the implementation of a greenhouse gas cap-and-trade program, and has released a Voluntary Renewable Energy (VRE) Issues and Draft Recommendations paper for stakeholder comment. This paper focuses on the key design elements of VRE set asides and provides recommendations to those WCI Partner jurisdictions that choose to implement a VRE set aside.  Elements that are important to harmonize are highlighted.  Stakeholders are invited to provide written comments on the draft recommendations through February 19th.  To download a copy of the recommendations and submit comments, follow this link.