CRS ISSUES BEST PRACTICES FOR TRANSFERRING
CERTIFICATES ACROSS TRACKING SYSTEM BOUNDARIES

 

All Interested Parties Invited to Comment on Newly Released Document

SAN FRANCISCO, CA (August 25, 2006): The Center for Resource Solutions (CRS) announced today that it is soliciting comments on best practices to encourage trade of renewable electricity certificates across North America. The document, Best Practices for Transferring Certificates Across Tracking System Boundaries, contains recommendations to enable certificate transfers seamlessly between certificate tracking systems in North America when this is permissible and desirable. The recommendations were developed by CRS, in consultation with the Environmental Tracking Network of North America (ETNNA) Working Group. ETNNA Working Group is a voluntary forum for certificate tracking system operators and regulators to discuss issues of common interest.

The document, Best Practices for Transferring Certificates Across Tracking System Boundaries is available for download here. CRS will host conference calls on September 6 and on September 12 to provide two separate opportunities for stakeholders to ask questions or provide comments about the document. All written comments are due to CRS by September 15, 2006.

“Certificate tracking systems vary with regards to their rules for importing and exporting renewable electricity certificates. These best practices provide some guidance for those tracking systems that want to enable such transfers to occur seamlessly,” said Meredith Wingate, director of Clean Energy Policy, Design & Implementation at CRS. “If most or all tracking systems follow these best practices, it will provide a foundation for the creation of a national network of certificate-based tracking systems. This will help make the renewable electricity certificate market more liquid and will help buyers and sellers that are transacting certificates nationally to do so within a legitimate tracking system network. Though no tracking system operator, regulator or other user is obligated to follow these recommendations, we hope that with industry consensus, these practices will be incorporated in state policies and operating procedures,” said Wingate.

ETNNA provides a forum for the coordination and cooperation of systems issuing and tracking electricity certificates in North America. It currently operates as a program of CRS.

Any interested parties who would like to ask questions or comment on the Best Practices for Transferring Certificates Across Tracking System Boundaries is welcome to participate in one of the following conference calls or provide written comments to: mwingate@resource-solutions.org . The call logistics are as follows:

Wednesday, September 6 at 8:30 a.m. Pacific /11:30 a.m. Eastern
Dial-in number: 712-580-8020
Pass code: 82857
or
Tuesday, September 12, 11:00 a.m. Pacific /2:00 p.m. Eastern
Dial-in number: 712-580-8020
Pass code: 834246

About the Environmental Tracking Network of North America
The Environmental Tracking Network of North America (ETNNA) is a voluntary association of certificate tracking systems, regulators and market participants that are interested in preventing double-counting and promoting harmonization among certificate tracking systems in North America. The primary objective of ETNNA is to create a forum for the coordination and cooperation of systems issuing and tracking electricity certificates in North America. Such coordination will encourage trade, create a common currency for renewables, prevent double counting, and support existing and emerging markets for renewables. ETNNA is a program of the Center for Resource Solutions.

Please visit: www.resource-solutions.org/policy/ETNNA/ for more information and to sign up for ETNNA stakeholder distribution list.

About the Center for Resource Solutions
Since 1997, the Center for Resource Solutions (CRS), a national nonprofit organization has worked to make it easier for people and organizations to use renewable energy as a tool for mitigating climate change. CRS designs and operates national and international programs that support the increased supply and use of renewable energy resources such as wind, solar, biomass, geothermal, low-impact hydroelectric power, and other clean energy sources. To learn more about CRS, visit: www.resource-solutions.org.

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ETNNA Program Contact: Meredith Wingate, Director of Clean Energy Policy Design & Implementation at CRS, email: mwingate@resource-solutions.org tel:(415) 561-2100