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Tradable Renewable Energy Credits in California: The Struggle with Implementation

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  • Hilton, Seth D.
  • Marriott, Chad T.

Abstract

On Mar. 11, 2010, the California Public Utilities Commission authorized the use of tradable renewable energy credits to satisfy at least a portion of the obligations imposed by California's Renewables Portfolio Standard. The decision allows California's largest investor-owned utilities and other retail providers to purchase TRECs to meet up to 25 percent of their annual RPS compliance obligations, but implementation has raised a series of questions.

Suggested Citation

  • Hilton, Seth D. & Marriott, Chad T., 2010. "Tradable Renewable Energy Credits in California: The Struggle with Implementation," The Electricity Journal, Elsevier, vol. 23(6), pages 65-72, July.
  • Handle: RePEc:eee:jelect:v:23:y:2010:i:6:p:65-72
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