renewable energy credits

The state of clean energy development in Wisconsin continues to get more precarious with each passing month.  A new bill proposed in the state assembly aims to eliminate the four-year cap on renewable energy credits that utilities purchase and trade in order to meet state clean energy standards.  If passed, the measure would mean RECs would never expire.

Exelon Corporation (NYSE: EXC) is one of the largest utilities in the United States. The company estimates that it sources 93% of its electricity from its 10 nuclear power plants.

Constellation Energy Group Inc. (NYSE: CEG) announced that it has purchased 100% of the equity of energy retailer MXenergy

Electricity and natural gas retailer Just Energy has a customer base of 1.6 million that spans the United States and Canada.

Both the Florida State Senate and House Energy Committees have proposed bills that allow for big investor owned utilities (IOU) to pass the costs of the building and acquisition of new renewable energy projects on to customers.

Intel (Nasdaq: INTC), which became the largest purchaser of green power in the United States in the US in 2008 has publicly announced that it will seek to cover 85% of it’s US energy usage with renewable energy purchases.

Manager of the Empire State Building, Malkin Holdings announced that it has signed a contract to purchase 100% wind energy from Green Mountain Energy Company.

Environmental Leader and Retailer Daily recently released a report, Enterprise Renewable Energy Adoption Survey: Benchmarking Onsite Renewable Energy Generation, Purchasing & REC Buying [pdf]

Intel Corporation (Nasdaq:INTC) is already recognized as a global leader in the use of renewable energy and was recently named the 2009 largest voluntary purchaser of green power by the Environmental Protection Agency (EPA).