Power Line: The $6 billion REC market, and rooftop solar's new pitch - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Power Line: Inside the $6 billion market where people buy the right to call energy clean, and rooftop solar's new pitch

It's a receipt that proves 1 megawatt-hour of renewable energy was created somewhere. Once electrons enter the grid, they are indistinguishable from one another — no matter what kind of power plant produced them.

RECs are the only way to track the generation of clean energy., and they are often sold separately. If you source clean energy but don't have the RECs associated with it then that energy isn't technically considered renewable.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines