US Experts Gather with CRS in New York over Ground-Breaking Approach to Renewable Energy
June 20, 2001
NEW YORK, NY - Thirty of the nation's top renewable energy professionals gathered today to discuss future markets for Tradable Renewable Energy Credits (TRCs), a new means for facilitating the development of environmentally friendly renewable energy. Hosted by the Center for Resource Solutions, the meeting objective was to create a set of recommended criteria for the certification of TRC-based retail renewable energy products.
Tradable Renewable Energy Credits (TRCs), also known as “green tags” or “green certificates,” represent the collective environmental, social and other benefits that can be separated from the electrical power generated at renewable energy facilities. TRCs may be sold separately from electricity or combined with system power at the point of sale. Energy experts and representatives from public utilities, electricity generating companies, renewable energy marketers, state regulatory agencies and renewable energy advocacy organizations, came to the table for discussion on this emerging advancement of renewable energy.
The attractiveness of TRCs is that they allow customers anywhere to support the development of renewable energy. “Now consumers in states that have not deregulated, or who have little choice about the source of their electricity, can support renewables such as wind, solar, biomass, hydro and geothermal power,” states Dan Lieberman of the Center for Resource Solutions.
The Center for Resource Solutions runs the Green-e program, which certifies renewable energy. Green-e is the nation’s first voluntary certification and verification program for renewable electricity products. The Green-e Program sets consumer protection and environmental standards for electricity products and verifies that Green-e certified products meet these standards. Inspired by the success of the recycling logo, the Green-e logo helps customers easily identify renewable-based electricity products. By setting environmental product standards and requiring companies to disclose information about their products, Green-e helps consumers make responsible choices about the power they purchase.
More About Center for Resource Solutions
The Center for Resource Solutions is a non-profit organization based in San Francisco’s Presidio. CRS brings together diverse interests to preserve our environment, encourage sustainable economic growth; and promote clean energy for present and future generations. Dr. Jan Hamrin founded CRS and serves as the Executive Director. More information on the organization is available at http://www.resource-solutions.org
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