Renewable Energy Certificates
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Renewable Energy Certificates
Renewable Energy Certificates (RECs), also known as Green tags, Renewable Energy Credits, Renewable Electricity Certificates, or Tradable Renewable Certificates (TRCs), are tradable, non-tangible energy certificates in the United States that represent proof that 1 megawatt-hour (MWh) of electricity was generated from an eligible renewable energy resource (renewable electricity) and was fed into the shared system of power lines which transport energy. Solar renewable energy certificates (SRECs) are RECs that are specifically generated by solar energy. Background There are two main markets for renewable energy certificates in the United States – compliance markets and voluntary markets. Compliance markets are created by a policy that exists in 29 U.S. states, the District of Columbia, and Puerto Rico, called Renewable Portfolio Standard. In these states, the electric companies are required to supply a certain percent of their electricity from renewable generators by a specifie ...
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Energy Certificate
An energy certificate or energy attribute certificate is a transferable record or guarantee related to the amount of energy or material goods consumed by an energy conversion device in industrial production. A certificate may be in any form, including electronic, and lists attributes such as method, quality, compliance, and tracking. Terminology An energy attribute certificate (EAC) can include "a variety of instruments with different names, including certificates, tags, credits, or generator declarations." These certificates relate to various tracking systems worldwide. Examples of energy certificates for renewable energy are: * Green tags * Guarantee of origin (GO) * International REC Standard (I-REC Standard) * Renewable Energy Certificates (RECs) * Renewable Energy Credits * Tradable Instruments for Global Renewables (TIGRs) * Tradable Renewable Certificates (TRCs) * Tradable Renewable Energy Certificates (TRECs) Purpose and examples by region Energy certificates issued und ...
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Run-of-the-river Hydroelectricity
Run-of-river hydroelectricity (ROR) or run-of-the-river hydroelectricity is a type of hydroelectric generation plant whereby little or no water storage is provided. Run-of-the-river power plants may have no water storage at all or a limited amount of storage, in which case the storage reservoir is referred to as pondage. A plant without pondage is subject to seasonal river flows, thus the plant will operate as an intermittent energy source. Conventional hydro uses reservoirs, which regulate water for flood control, dispatchable electrical power, and the provision of fresh water for agriculture. Concept Run-of-the-river, or ROR, hydroelectricity is considered ideal for streams or rivers that can sustain a minimum flow or those regulated by a lake or reservoir upstream. A small dam is usually built to create a headpond ensuring that there is enough water entering the penstock pipes that lead to the turbines, which are at a lower elevation. Projects with pondage, as opposed to ...
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Energy Development
Energy development is the field of activities focused on obtaining sources of energy from natural resources. These activities include production of renewable, nuclear, and fossil fuel derived sources of energy, and for the recovery and reuse of energy that would otherwise be wasted. Energy conservation and efficiency measures reduce the demand for energy development, and can have benefits to society with improvements to environmental issues. Societies use energy for transportation, manufacturing, illumination, heating and air conditioning, and communication, for industrial, commercial, and domestic purposes. Energy resources may be classified as primary resources, where the resource can be used in substantially its original form, or as secondary resources, where the energy source must be converted into a more conveniently usable form. Non-renewable resources are significantly depleted by human use, whereas renewable resources are produced by ongoing processes that can sust ...
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Energy Accounting
Energy accounting is a system used to measure, analyze and report the energy consumption of different activities on a regular basis. This is done to improve energy efficiency, and to monitor the environment impact of energy consumption. Energy management Energy accounting is a system used in energy management systems to measure and analyze energy consumption to improve energy efficiency within an organization. Organisations such as Intel corporation use these systems to track energy usage. Various energy transformations are possible. An energy balance can be used to track energy through a system. This becomes a useful tool for determining resource use and environmental impacts. How much energy is needed at each point in a system is measured, as well as the form of that energy. An accounting system keeps track of energy in, energy out, and non-useful energy versus work done, and transformations within a system. Sometimes, non-useful work is what is often responsible for environm ...
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Climate Change In Sweden
Climate change in Sweden has received significant public and political attention. Mitigating its effects has been high on the agenda of cabinets of the Governments of Sweden from 1996 through 2021. Sweden aims for an energy supply system with zero net atmospheric greenhouse gas emissions by 2050. In 2014 and 2016, Sweden was ranked #1 in the ''Global Green Economy Index (GGEI),'' because the Swedish economy produces relatively low emissions. Sweden's winter temperature is predicted to increase by as much as 7°C (13°F). This will increase the percentage of precipitation that comes from rain instead of snow. The Baltic Sea could see a surface water temperature increase of up to 4°C (7°F). This will decrease sea ice cover by the end of the century. The Swedish Civil Contingencies Agency (MSB) produces guidelines and resources to help citizens adapt to climate change. The MSB keeps flood and landslide maps online, and guidelines for decision-making in case of disasters. Gov ...
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Carbon Offset
A carbon offset is a reduction or removal of emissions of carbon dioxide or other greenhouse gases made in order to compensate for emissions made elsewhere. Offsets are measured in tonnes of carbon dioxide-equivalent (CO2e). One ton of carbon offset represents the reduction or removal of one ton of carbon dioxide or its equivalent in other greenhouse gases. One of the hidden dangers of climate change policy is unequal prices of carbon in the economy, which can cause economic collateral damage if production flows to regions or industries that have a lower price of carbon—unless carbon can be purchased from that area, which offsets effectively permit, equalizing the price. Within the voluntary market, demand for carbon offset credits is generated by individuals, companies, organizations, and sub-national governments who purchase carbon offsets to mitigate their greenhouse gas emissions to meet Carbon neutrality, carbon neutral, net-zero or other established Emission standard, e ...
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