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Skip Navigation LinksDNREC : Division of Energy and Climate : Information : Other Information : Delaware Renewable Energy Taskforce

 Delaware Renewable Energy Taskforce

Delmarva Power Auction Solar for Renewable Energy Credits (SRECs)
The Delaware Sustainable Energy Utility (SEU) has concluded the recent auction for SRECs on behalf of Delmarva Power. For information on the results from the SREC auction and to sign up for e-mail updates on future SREC auctions, please click here.

Delmarva Power is buying 7,000 SRECs from new systems and existing systems to meet a portion of its solar energy obligation under the Renewable Energy Portfolio Standards Act. Successful bidders are being awarded 20-year contracts. The auction was developed by the Renewable Energy Taskforce and approved by the Public Service Commission. Information on PSC dockets involving renewable energy can be found here.

Purpose
The Delaware Renewable Energy Taskforce was established the Renewable Energy Portfolio Standards Act to provide recommendations on establishing renewable energy trading mechanisms and other structures to support the growth of renewable energy in Delaware.

For more information about the Renewable Energy Taskforce, please contact Tom Noyes at 302-735-3356 or by email: Thomas.Noyes@state.de.us.

DISCLAIMER: Certain materials and documents available on this website contain market forecast information that are based on various scenarios, modeling results, assumptions, and Delaware Renewable Energy Taskforce member expectations. This information is for Taskforce discussion purposes only; they do not guarantee any future results, and should not be taken as predictions of future market conditions. Readers are cautioned that actual results may differ substantially from market forecasts for a variety of factors.
 

 Delaware Renewable Energy Task Force Upcoming Meetings

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 Delaware Renewable Energy Task Force Recent Meetings

Renewable Energy Taskforce meeting
Renewable Energy Taskforce Meeting June 19, 2014
Renewable Energy Taskforce Meeting
November 5, 2013 Meeting of the Renewable Energy Taskforce
Renewable Energy Taskforce meeting October 24

Background
On July 28, 2010, Governor Jack Markell signed Senate Substitute Bill 1 for Senate Bill 119, which extends and expands Delaware’s Renewable Portfolio Standard. The legislation requires that 25 percent of Delaware’s electricity must come from renewable energy sources by the year 2025. The revised statute includes solar energy targets, incentives for local labor and manufacture of renewable energy systems.

The statute also calls for the establishment of an 11-member Renewable Energy Taskforce to examine the current state of Delaware’s renewable energy market, to develop recommendations around renewable energy credit trading mechanisms and to find ways to support the growth of renewable energy resources in Delaware. The Taskforce is charged with reporting its findings and providing regulations as appropriate.

The Taskforce membership includes four appointments by the Secretary of Department Natural Resources and Environmental Control to include one representative from the renewable energy research and development industry, one representative from the local renewable energy manufacturing industry, and one representative from an environmental advocacy organization. Additional membership includes one representative of the Public Service Commission, one representative from Delmarva Power & Light Co., one representative from the Delaware Electric Cooperative, one representative from the Municipal Electric companies, one representative from the Delaware Sustainable Energy Utility, one representative from the Department of the Public Advocate and one representative from the Delaware Solar Energy Coalition. For a complete list of Taskforce members please click here (Updated August 23, 2011).

To review the Renewable Energy Portfolio Standard statute in the Delaware Code please click here.

 


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