Bioenergy, Geothermal, Wind Power

‘Green Tag’ Deal to Sell Green Power Attributes

A ”Green Tags” program will be launched in the northwest region of the United States to promote the installation of new renewable energy generating facilities.

PORTLAND, Oregon, US, 2001-05-01 <SolarAccess.com> A ‘Green Tags’ program will be launched in the northwest region of the United States to promote the installation of new renewable energy generating facilities. The Bonneville Power Administration and the Bonneville Environmental Foundation have signed an agreement to market the environmental attributes of renewables. The system will assign the green power attributes from new solar and wind facilities to BEF in order to cover any premium cost for generation from the renewables site. BEF will sell the green tags to consumers, creating additional revenue to expand a $15 million fund for renewable resource development. “Green tags are a simple way of capturing the environmental attributes of wind, solar and other renewables,” says Angus Duncan, president of BEF. “They give buyers an easy way to help transition the power system from fossil fuel dependence to new renewables.” “BPA is proud to be among the first in the country to pursue the green tag program,” says the agency’s John Lebens. “It will help fund a dramatic expansion of BPA’s purchases of renewable sources of energy, which in turn makes the Northwest grid more reliable and helps the environment.” To qualify for green tags, generation facilities must be endorsed by Northwest environmental groups and may include wind, geothermal, solar or biomass. Purchasers of the power can offset a portion of the carbon dioxide and other greenhouse gas emissions that result from their electricity usage and get credit for purchasing a percentage of their power from renewable sources. BEF sold the first green tags last year to the U.S. Environmental Protection Agency in Seattle. Sales are now planned throughout the Northwest.