The sixth installment describes three "next generation" green power products tailored to the needs of corporate customers in voluntary markets. The three "next generation" products addressed in this publication include:
- Green power using nationally sourced RECs: By accessing RECs from the most cost-competitive facilities in the nation, electricity providers can lower the cost of green power as well as increase renewable resource options for customers.
- Long-term fixed-price green power: Provides customers with environmentally friendly power that also stabilizes corporate energy costs or serves as a hedge against volatile electricity rates.
- Green contracts for differences (CFD): A financial contract that allows a customer to support renewable energy development, acquire RECs, and hedge against fluctuating electricity rates - but does not involve the customer receiving physical power.
This Corporate Guide describes each product, discusses benefits to both retail electricity providers and corporate customers, and includes case examples. The report analyzes these three products first in the U.S. market context, including both regulated and deregulated states, and then reviews the applicability of these products in Canada and Mexico.