Green power sales increase 86% in U.S.

SAN FRANCISCO, California, US, 2004-08-04 (Refocus Weekly)

The sale of green power certified under the U.S. Green-e program increased 86% last year over 2002.

Preliminary verification results from the Center for Resource Solutions show that sales of certified tradable renewable certificates (TRC) grew to 1.8 million MWh in 2002, a twelve-fold increase over the year prior. Utility sales of certified green power grew by 12%.

“The sharp increase in the total volume of certified renewable energy sales is a positive sign that green power markets can succeed despite market barriers,” says executive director Jan Hamrin. “With sales of renewables increasing significantly each year, our independent verification process is a vital confirmation that voluntary markets for renewable energy do work and contribute to strengthened commitments to renewable energy generation and supply.”

Green-e certified products nearly doubled from 32 to 59, and total sales of green power increased by 86% while total customers dropped by 41%, the results show. More marketers sold more certified renewable energy to fewer, larger customers.

Despite success in TRC and green pricing markets, the competitive market in the U.S. showed a decline in retail renewable electricity sales and total retail customers as a result of the repeal of direct access and supporting state programs in California following the energy crisis. Most competitive suppliers have stopped selling green power to customers in California.

In other regions with competitive markets, sales of green power and customers increased in the mid-Atlantic, New England and New York regions, with retail sales in the northeast growing by 75% and the number of customers increasing by 50%.

“Several new renewable energy markets have just begun to grow and we expect the number of customers to rebound in 2005 while the renewable MWh continue to grow,” explains Gabe Petlin of the Green-e program. There now are 100 marketers selling 60 Green-e certified products, of which 28 are electricity products, 25 are TRC and seven are green pricing products, although the report covers only 98 marketers operating in 2003.

Green-e was launched in 1997 and is the largest verification program in the U.S., providing third-party certification to ensure green power products meet environmental and consumer protection standards. Copies of the 2003 verification report will be available later this year.


Click here for more info...

Green power sales increase 86% in U.S.

SAN FRANCISCO, California, US, 2004-08-04 (Refocus Weekly) The sale of green power certified under the U.S. Green-e program increased 86% last year over 2002.

Preliminary verification results from the Center for Resource Solutions show that sales of certified tradable renewable certificates (TRC) grew to 1.8 million MWh in 2002, a twelve-fold increase over the year prior. Utility sales of certified green power grew by 12%.

“The sharp increase in the total volume of certified renewable energy sales is a positive sign that green power markets can succeed despite market barriers,” says executive director Jan Hamrin. “With sales of renewables increasing significantly each year, our independent verification process is a vital confirmation that voluntary markets for renewable energy do work and contribute to strengthened commitments to renewable energy generation and supply.”

Green-e certified products nearly doubled from 32 to 59, and total sales of green power increased by 86% while total customers dropped by 41%, the results show. More marketers sold more certified renewable energy to fewer, larger customers.

Despite success in TRC and green pricing markets, the competitive market in the U.S. showed a decline in retail renewable electricity sales and total retail customers as a result of the repeal of direct access and supporting state programs in California following the energy crisis. Most competitive suppliers have stopped selling green power to customers in California.

In other regions with competitive markets, sales of green power and customers increased in the mid-Atlantic, New England and New York regions, with retail sales in the northeast growing by 75% and the number of customers increasing by 50%.

“Several new renewable energy markets have just begun to grow and we expect the number of customers to rebound in 2005 while the renewable MWh continue to grow,” explains Gabe Petlin of the Green-e program. There now are 100 marketers selling 60 Green-e certified products, of which 28 are electricity products, 25 are TRC and seven are green pricing products, although the report covers only 98 marketers operating in 2003.

Green-e was launched in 1997 and is the largest verification program in the U.S., providing third-party certification to ensure green power products meet environmental and consumer protection standards. Copies of the 2003 verification report will be available later this year.


Click here for more info...

Visit http://www.sparksdata.co.uk/refocus/ for your international energy focus!!