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How We Can Help

We work with clients that are planning to implement or have already implemented a renewable power project such as photovoltaics, wind turbines or fuel cells and provide full turnkey REC management including quantification, registration, sales and banking.


For more information on renewable energy certificates, contact us today!



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"8 of the 11 programs in our review showed weaknesses in their current data collection and reporting systems - caused by limited, unverified, and anonymous data reporting. These systems are neither transparent nor verifiable, and are limited by anonymous reporting and use of third party industry data."

EPA Report on Voluntary Greenhouse Gas Reduction Programs

"Since 1970, energy efficiency gains have met 75% of new energy service demands in the U.S.through 2008, while energy supplies have contributed only 25%."

ACEEE

"Given the right investments in many cost-effective but underutilized energy efficiency technologies, the U.S. can cost-effectively reduce energy consumption by 25-30% or more over the next 20-25 years"

ACEEE

An EPA study said data centers account for 1.5% of all electricity consumption in the U.S. in 2006, and the number was projected to double by 2011."

EPA

"U.S. hotels spend - on average - $889 annually per available room for electricity which accounts for 58% of total utility costs."

GE Lighting

"81% of senior decision makers at large U.S. corporations surveyed said that carbon credits are now part of their green IT strategy - compared to only 18% in 2008."

Campos Research

Global carbon markets could be worth almost USD $3.1 trillion by 2020, with 67% of that traded within a U.S. emissions trading scheme alone.

Point Carbon

"Existing technologies and strategies could reduce typical server energy use by an estimated 25 percent and entire data center consumption by 40 percent."

EPA

"Server hardware is no longer the primary cost component of a data center. The purchase price of a new (1U) server has been exceeded by the capital cost of power and cooling infrastructure to support that server, and will soon be exceeded by the lifetime energy costs alone for that server."

EPA

"Data centers can be more than 40 times as energy intensive as conventional office buildings."

Lawrence Berkeley National Laboratory Study

"An idle x86 server consumes 60-74% of the power it needs when fully utilized."

UC Berkeley RAD Lab Study

"73% of senior decision makers at large U.S. corporations surveyed identified "energy efficiency" as the key aspect of a green data center."

Campos Research

"Reducing server power consumption by 30% would yield savings of 150 billion kWh, corresponding to US$15B and almost 100 million metric tons of CO2 emissions."

IDC

Voluntary carbon markets transacted an estimated 123 million tonnes of carbon dioxide equivalent valued at US$705 million in 2008, up from 66 million tonnes valued at $331 million in 2007." Ecosystem Marketplace, New Carbon Finance

"In 2007, the voluntary carbon market or over the counter market was dominated by Energy Efficiency projects, accounting for 18% of the total volume."

APX

"The average price of a voluntary carbon credit transacted on the OTC market was US$7.34/tCO2e in 2008, up 20% and 79% from 2007 and 2006 respectively."

Ecosystem Marketplace, New Carbon Finance

Environmental Credits

Renewable Energy Certificate (REC) Development and Monetization
A Renewable Energy Certificate (REC) is a tradable energy commodity that represents one megawatt-hour (MWh) of electricity generated from an eligible renewable energy resource.

Neuwing works with clients that are planning to implement or have already implemented a renewable power project such as photovoltaics or wind turbines.

We provide full turnkey REC management services including the authorized measurement, verification, and disposition via sale in a mandated states such as New Jersey, Pennsylvania, Ohio, Delaware, Maryland, New Hampshire, Massachusetts, and Connecticut, as well as in emerging voluntary markets, or retire the REC against corporate sustainability goals.

Neuwing's extensive expertise in sales and trading strategies enable us to offer innovative solutions that will maximize the value of the REC's while reducing or eliminating risk associated with future value.


Neuwing's Roles and Responsibilities:

Navigating the monetization of RECs requires an in-depth knowledge of market structure, the ability to create and verify attributes, and the know-how to structure trades that capitalize on inefficiencies in the marketplace. Neuwing's unique sales and trading capabilities enable us to offer our clients innovative strategies that will maximize the value of their REC's while reducing or eliminating risk associated with future value.

  • Project Qualification: Review existing and prior projects for their acceptance by applicable certification agencies
  • Market Assessment: Determine forward market prices projected for the sale of asset in all possible markets
  • Project Recommendations: Make recommendations on the sale of those Projects in accordance with estimates of demand, pricing and other market conditions
  • Measurement & Verification (M&V): Develop an M&V plan for all the projects using appropriate national and/or international protocols
  • Certification: Submit all necessary documentation for certification to create the asset as well as ongoing certification of the generation and consumption of renewable energy for certification to each applicable certification agency
  • Quantification: Determine the amount of renewable energy consumed and generated from each project, in kilowatt hours of metric tons of carbon
  • Marketing & Sale: Make all commercially reasonable efforts to sell assets across multiple exchanges
  • Reporting: Report all transactions associated with assets created as required by certification agencies to establish title of the assets and ensure no double selling

For more information on renewable energy certificates, contact us today!


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