Source: Brattleboro Reformer
One of the nation’s top renewable power suppliers said it will no longer trade Vermont’s renewable energy credits, which are also counted toward the state’s clean electricity goals.
NextEra Energy announced last week that it will no longer take double-counted power in a letter to New England renewable energy credit brokers. The $15 billion North American company purchases and sells renewable energy credits (RECs).
“It is a fundamental principle of all renewable energy market sales that the environmental characteristics associated with the electric energy generated cannot be counted or claimed twice,” NextEra Energy officials wrote.