Round 1
Network of electric transmission and distribution wires
What is the electric power grid?
Common renewable energy policy in the EU
What is Renewable Energy Directive?
REC sold together with its associated energy
What is a bundled REC?
Represents 1 MT of emissions avoided
What are emissions allowances?
OR
What are offsets?
Currently, 40 RRA-tracked state-level jurisdictions have this in place
What is a renewable energy standard?
Allows businesses to claim that electricity used comes from renewable energy sources
What is a REC?
REC attribute that indicates the build date
What is project vintage?
Markets that exist because of policy decisions, such as state RPS
What are mandatory markets?
OR
What are compliance markets?
Drives the US voluntary REC markets
What is consumer demand?
A certain % of power produced by the state must come from solar panels
What are solar carve-outs?
Agreed upon 2030 target %of EU energy consumption from renewables
What is 32%
Action that supposedly encourages investment in renewable energy production
What is buying RECs?