Alberta Electric System Operator AESO - Calgary
5/5
β
based on 3 reviews
About Alberta Electric System Operator AESO
About an Indexed REC
The first three competitions utilized an Indexed Renewable Energy Credit (REC) or “Contract for Difference.” This payment mechanism was a key contributor to the success of REP Rounds 1, 2 and 3.
A REC is a way of paying renewable generators who win contracts through REP for the attributes they produce. A winning bidder is paid a $/MWh payment as follows:
- The winning bidder bids a price that is, in essence, its lowest acceptable cost for the renewable project the bidder plans to advance. The competition puts downward pressure on the cost of renewable projects.
- The dollar value of support paid to the winning bidder for renewable attributes produced is calculated by subtracting the pool price from the bid price.
- It allows companies to competitively bid for the all-in price they need to develop a project. From the all-in price we subtract the pool price and the difference is how much is paid in support.
Contact Alberta Electric System Operator AESO
| Address : | 330 5 Ave SW, Calgary, AB T2P 0L4, Canada |
| Phone : | π +9 |
| Postal code : | 2 |
| Website : | http://www.aeso.ca/ |
| Categories : | |
| City : | P |
|
ζΌ«
|
漫倩ζ«εΆ on Google
β β β β β |
|
J
|
John Smith on Google
β β β β β |
|
B
|
Bobbie Pendergast on Google
β β β β β I love watching the supply and demand numbers
|
Write some of your reviews for the company Alberta Electric System Operator AESO
Your reviews will be very helpful to other customers in finding and evaluating information
Nearby places in the field of Electric utility company,
Nearby places Alberta Electric System Operator AESO
