Volume 13, Issue 17 May 15, 2015
In this Issue
New Presidential Executive Order Lays Out Path for Renewable Energy Growth
Editor's Note
The rally in prices continues. What’s next?
Distributed Generation
Register Now for the ACCO Climate Strategies Forum
Renewable Energy
WGL Energy Sponsors Solar Energy Conference
Natural Gas Fundamentals
Natural Gas Storage Update
Rig Count for Natural Gas
NYMEX Natural Gas Monthly Settlements for the Past 12 Months
NYMEX Values per Month for the Forward 12 Months
NYMEX Graph for Natural Gas - 12 Month Average Price per Therm at the Louisiana Well-Head
PJM Electricity
PJM Graph for Electricity - 12 Month Average Peak Power Price
Local Heating Degree Days*
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New Presidential Executive Order Lays Out Path for Renewable Energy Growth
“Planning for Federal Sustainability in the Next Decade”

The following is an excerpt of an article that appeared in the May 7, 2015 issue of Renewable News, a Renewable Energy Markets Association (REMA) member newsletter. This excerpt is reprinted with permission from Renewable News and the authors.

On March 19, 2015, President Obama issued Executive Order (EO) 13693, "Planning for Federal Sustainability in the Next Decade." The EO calls for the escalation of the federal government's procurement of renewables and reduction of Greenhouse Gas Emissions (GHG).  Specifically, the EO sets a goal of 40% GHG reductions by 2025 through realizing efficiency gains and the consumption of a minimum 30% renewable and alternative energy for total building electric and thermal energy needs.

Renewable energy credits (RECs) are an accepted pathway for demonstrating compliance with the EO.  However, further interpretations and recommendations from the Federal Energy Management Program (FEMP) will guide how individual agencies and departments utilize unbundled and bundled RECs, onsite generation and Power Purchase Agreements to demonstrate compliance.

REMA continues to monitor the EO's developments and supports the inclusion of flexible renewables procurement for federal agencies.  While federal agencies have until October 1 to furnish their plans, prior departmental plans are available at Performance.gov.

More Information

• Review the Executive Order 13693 here >>
• Check out federal departments and agencies' progress towards sustainability goals >> 

The Renewable Energy Markets Association (REMA) is a trade association dedicated to maintaining and growing strong markets for renewable energy in the United States. Learn more >>



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