Platts American Energy Certificates (US RECs)

Platts American Energy Certificates (US RECs) assessment by S&P Global Commodity Insights is the weekly price for the REC certificates, issued from electricity generated, and delivered to the electric grid, from a renewable energy resource. As others EACs, a REC sells separately from the actual electricity. The REC owner retains exclusive rights to claim "using" or "being powered by" the renewable electricity associated with that REC.

The US Renewable Certificate Market in Massachusetts, Virginia and Pennsylvania was bearish in the week ended May 9, while NAR was bullish.

Meanwhile, the Texas market remained flat on the week.

Massachusetts AEC V24 contract decreased significantly to $3.60/MWh, $1.40 lower on the week. Meanwhile, all other contracts were stable.

Virginia In-State SREC V23 and V24 decreased to $22.50/MWh, down $5 on the week.

Pennsylvania SAEC V25 prices closed at $36/MWh, $2 lower on the week, however all other contracts remain constant.

Meanwhile, Texas contracts remained stable, with the Texas non-Solar Compliance REC V24 contract seeing the largest change to $2.65/MWh, up 10 cents on the week.

In NAR, the NAR Any Green-e Eligible REC V24 BH contract increased 40 cents at $2.85/MWh.

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