The US Renewable Certificate Market saw prices increase in Texas and Maine in the week ended May 16, while prices in Massachusetts decreased.
Platts assessed the Texas non-Solar REC Front-Half 2024 price up 85.71% on the week to $4.55/MWh.
Maine REC Class 1 V24 prices rose $3 on the week to $39/MWh
The Massachusetts AEC V24 contract significantly decreased on the week, keeping with the trend from the week prior, closing 45 cents lower on the week at $3.15/MWh.
NAR prices saw mixed movements depending on the generation technology. The NAR Any Green-e Eligible REC Back Half V24 contract decreased to $2.42/MWh from $2.85/MWh. Meanwhile, the Solar REC CRS listed V24 increased from $2.75/MWh to $3.57/MWh.
Platts is part of S&P Global Commodity Insights.