Difference between revisions of "Generation-Based Policy"

From Open Risk Manual
(Created page with "== Definition == '''Generation-Based Policy''' (also source-based or production-based policy) is a regulatory requirement or program that address [[Generated Renewable Energy]...")
 
Line 2: Line 2:
 
'''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.  
 
'''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).
+
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]].  
 
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]].  

Revision as of 17:16, 31 May 2023

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.

References

  • GHG Protocol Scope 2 Guidance (2015)
  • CRS Glossary