Prices of renewable certificates slashed
Saturday, March 4, 2017, 7:13 PM
The Central Electricity Regulatory Commission (CERC), has reduced the prices of Renewable Energy Certificates (RECs), to a historic low, in a move that could resurrect the market for them. Forbearance is the highest difference in the CERC suggested price and the price discovered through the market. The floor price is the lowest optimal cost to run a project.