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NREL Studies of Voluntary Markets Draw Positive Feedback from Utilities

Chart showing estimated annual voluntary sales by market sector, 2006-2011. There are four data sources for the estimates: NREL Estimated Total Voluntary Market, Green-e Energy Retail Sales, EPA-GPP Sales, and Tracking System Estimate. 2006 shows a range from approximately 4 million (Green-e) to 12.5 million (NREL) megawatts annually. 2011 shows a range from approximately 22 million (EPA-GPP) to 37.5 million (Tracking System) megawatts annually.

Estimated annual voluntary sales by market sector, 2006–2011

October 10, 2012

NREL analysts Jenny Heeter and Lori Bird presented at the 2012 Renewable Energy Markets Conference, a premier national forum for promoting renewable energy.

Heeter presented Innovations in Voluntary Renewable Energy Procurement: Methods for Expanding Access and Lowering Cost for Communities, Governments, and Businesses, which explores five innovative options for voluntarily procuring renewable energy generation or systems. Bird discussed Market Brief: Status of the Voluntary Renewable Energy Certificate Market (2011 Data), which documents the status and trends of voluntary markets—those in which consumers and institutions purchase renewable energy to match their electricity needs on a voluntary basis.

Heeter, who led the development of the two papers, said she received "a lot of positive feedback from utilities on our work tracking trends in the voluntary market."

NREL Report: Innovations in Voluntary Renewable Energy Procurement: Methods for Expanding Access and Lowering Cost for Communities, Governments, and Businesses
Authors: Jenny Heeter and Joyce McLaren, NREL

 

NREL Report: Status of the Voluntary Renewable Energy Certificate Market
(2011 Data)

Authors: Jenny Heeter, Philip Armstrong, and Lori Bird, NREL