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2013 -14 Seminars


Solar Renewable Energy Credits A Market Based Solar Financing Tool

Gary Lakritz
President
Knollwood Energy

Abstract
New Jersey introduced the tradable SREC market in 2004, since then it has expanded to many states in the Mid-Atlantic and Northeast. While the basic concept of a market based mechanism to adjust supply and demand is similar different states have made changes to the construct over time. I will discuss the following: The basics of SRECs; How different states have introduced SRECs; SREC success and failures; The future of SRECs and solar