Generation-Based Policy
From Open Risk Manual
Contents
Definition
Generation-Based Policy (also source-based or production-based policy) is a regulatory requirement or program that address Generated Renewable Energy or individual generation attributes (e.g. Direct GHG Emissions) at the source in a certain geographic area.
The point of regulation is the (Energy) Generator. Compliance (e.g. the amount of Generated Renewable Energy) can be directly measured at the point of regulation without tracking or compliance instruments (e.g. RECs).
Renewable energy used for compliance is generated by law or regulation; it may be Actively Procured Renewable Energy or included in Standard Delivery Renewable Energy but is not Voluntary Renewable Energy.
Examples
- cap-and-trade programs covering in-state (or in-region) greenhouse gas emissions
- generation-based DG or distributed energy resource (DER) programs.
See Also
References
- GHG Protocol Scope 2 Guidance (2015)
- CRS Glossary
