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SREC I & SREC II Auctions Cleared
Dear Solar Stakeholder,
DOER is pleased to announce that both the 2018 SREC I and SREC II Solar Credit Clearinghouse Auctions have fully cleared in the first round. Preliminary results indicate that the SREC I auction had 21 unique bidders submitting a total bid volume of 9,780, which was more than sufficient demand to clear the available auction volume of 632 SRECs. As for the SREC II auction, there were 21 unique bidders submitting a total bid volume of 63,388, which was also more than sufficient demand to clear the available auction volume of 4,626 SREC IIs.
DOER and EnelX are continuing to certify and finalize the results of the auction. More details on the final results will be posted to the SREC auction web page next week.
Regards,
Eric Steltzer
Acting Director, Renewable and Alternative Energy Division
Massachusetts Department of Energy Resources
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