| 05.04.2006 Opalesque Exclusive: RECs (Renewable Energy Credits): An U.S. tool to drive development of new renewables |
| Matthias Knab reports live from the Wallstreet Green Trading Summit in New York: Tim Smith, Principal from Element Markets LLC explained that a renewable generator (e.g. wind generator) produces actually two products when it creates electricity: System energy A “REC” (renewable energy credit) A REC is a marketing right that allows the owner to virtually overlay it on his system energy to create r |