Bioenergy, Hydropower

Evolution Markets Hosts MTC’s 6th REC Auction

Westborough, Massachusetts [RenewableEnergyAccess.com] Evolution Markets Inc. will conduct an auction of Renewable Energy Certificates (RECs) on behalf of the Massachusetts Technology Collaborative (MTC), a quasi-public economic development agency responsible for administering the state’s Renewable Energy Trust (RET). The auction slated for May 2, 2007, includes a combination of current year RECs and a forward sale of RECs. In addition, this auction marks the first sale of RECs by the MTC from a facility eligible under the Connecticut Renewable Portfolio Standard. The Massachusetts-eligible certificates for sale are from the Ameresco Chicopee landfill gas-to-energy facilities 1, 2, and 3, which have been approved by the Massachusetts Division of Energy Resources as an eligible source under the Massachusetts Renewable Portfolio Standard. The Connecticut-eligible certificates are from the Swift River Pepperell Hydroelectric facility, located in Pepperell, MA, which has been approved by the Connecticut Public Utility Commission as a Class I Renewable Certificate producer.