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Tuesday, October 13, 2009
Duke Energy today announced it will purchase “green energy” credits from two North Carolina companies that will use solar power to produce hot water and to heat and cool buildings.
Duke Energy today announced it will purchase “green energy” credits from two North Carolina companies that will use solar power to produce hot water and to heat and cool buildings.
While Duke Energy’s agreements with FLS Energy and Vanir Energy will not produce electricity, the two firms use solar energy, making them eligible for the credits. Such credits, officially called renewable energy certificates, are generated from renewable energy resources and can be used by North Carolina electric utilities to meet requirements under the state Renewable Energy and Energy Efficiency Portfolio Standard (REPS).
“These agreements will help us meet our renewable energy goals,” said Owen Smith, Duke Energy’s managing director of renewable energy and carbon strategy.Read Full Article
posted in: News, North Carolina
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