What is the difference between voluntary and compliance markets in the US?
In a voluntary market, there is no requirement to purchase renewable energy, and typically organizations, businesses, and utilities purchase these in order to reduce their footprint and make environmental claims. In a compliance market, government regulators set targets, or Renewable Portfolio Standards (RPS). This means that the RECs have to be purchased and reported on […]
- In a voluntary market, there is no requirement to purchase renewable energy, and typically organizations, businesses, and utilities purchase these in order to reduce their footprint and make environmental claims.
- In a compliance market, government regulators set targets, or Renewable Portfolio Standards (RPS). This means that the RECs have to be purchased and reported on in compliance markets in order to meet those targets.
