Announcement View: 1385 - The Massachusetts Department of Energy Resources (DOER) SREC Auction
Introduction

The Massachusetts Department of Energy Resources (DOER) is a state agency whose mandate is to promote policies and programs to ensure that Massachusetts' citizens have adequate, diverse, energy supplies, at a reasonable cost, with a minimal impact on the environment. To meet this objective, DOER pursues a number of policy and program initiatives designed to increase the efficiency of electricity, gas, and oil end-uses; to encourage investment in energy conservation, renewable energy, demand response and load management programs, and; to enhance competition and planning in the electric and gas industries.

The RPS Solar Carve-Out is a market-based incentive program to support residential, commercial, public, and non-profit entities in developing 400 MW of solar photovoltaic (PV) across the Commonwealth. As part of the Solar Carve-Out of the Renewable Energy Portfolio Standard (RPS) Class I program (per regulation 225 CMR 14.00), DOER has established an Auction Account on the NEPOOL Generation Information System (NEPOOL GIS). Solar Renewable Energy Certificates (SRECs) that have been generated within the Auction Opt-In Term prescribed to projects by DOER at the time of their qualification for the Solar RPS Carve-Out are eligible to be deposited into the Auction Account. The Auction Account is open to accept deposits of eligible, unsold SRECs during the final 31 days of each Compliance Year’s 4th quarter trading period (May 16-June 15). In the event that SRECs are deposited into the Auction Account, DOER will hold the Solar Credit Clearinghouse Auction to clear these deposited SRECs. 

 
RFPs Total RFPs: 0 
No RFPs found.
 
Key Dates

Event

Date

Time

DOER Auction Announcement

Monday, May 20, 2013

No later than 5:00 PM ET

Release Auction documents

·      Auction Notice

·      Qualification Application

Tuesday, May 21, 2013

No later than 10:00 AM ET

Online question window opens

Tuesday, May 21, 2013

10:00 AM ET

Amendment Issued - Number of SRECs in Auction

Monday, June 17, 2013

No later than 5:00 PM ET

Hold webinar

Thursday, June 20, 2013

2:00 to 3:00 PM ET

Online question window closes

Friday, June 21, 2013

5:00 PM ET

Update FAQs, as needed

Wednesday, June 26, 2013

No later than 12:00 PM ET

Auction documents (Qualification Application) due[1]

Tuesday, July 2, 2013

No later than 5:00 PM ET

Auction Manager sends remediation notification

Friday, July 5, 2013

 

No later than 3:00 PM ET

 

Remediated documents due, if applicable

 

Thursday, July 11, 2013

No later than 5:00 PM ET

SREC Auction Manager sends qualification status to each Applicant

Monday, July 15, 2013

No later than 5:00 PM ET

SREC Auction Manager distributes               

usernames & passwords

Monday, July 15, 2013

No later than 5:00 PM ET

Hold Auction Platform training sessions

Tuesday, July 16, 2013

1:00 PM ET to 4:00 PM ET

Financial security due (if applicable)

Friday, July 19, 2013

No later than 5:00 PM ET

SREC Auction Manager sends notification of participation status

Tuesday, July 23, 2013

No later than 10:00 AM ET

Hold 2013 SREC Auction

Friday, July 26, 2013

9:00 AM ET to 12:00 PM ET

2013 SREC Auction clearing decision made

Friday, July 26, 2013

3:00 PM ET

Cash settlement due (if applicable)

Friday, August 09, 2013

No later than 5:00 PM ET

Unused cash financial security returned

Monday, August 12, 2013

No later than 5:00 PM ET

SREC transfer and confirmation

Monday, August 19, 2013

No later than 5:00 PM ET

SREC depositors paid

 

 



[1] All due dates specified in the SREC Auction Notice refer to the date and time on which the item(s) must be received by the SREC Auction Manager at World Energy Solutions, Inc.

 
Customer Information for Contracting

Department of Energy Resources

100 Cambridge Street, Suite 1020

Boston, MA 02114
 
 
Billing Information
 
Additional Information

 

 
Questions

To submit a question, please email the SREC Auction manager at: masrecauctionmanager@worldenergy.com

 
Disclaimers
 
Documents Total Documents: 10
TitleFileSizeLast Updated DateLast Updated By
1. DOER-SREC - Auction Notice SREC_Auction_Notice_06_18_2013.pdf 12634806/18/2013 09:42 AMErica Martunas
1.1 DOER-SREC - Amendment 1 SREC_Auction_Notice_06_11_2013_Amendment_1.pdf 5759506/13/2013 10:57 AMErica Martunas
1.2 DOER-SREC - Amendment 2 SREC_Auction_Notice_06_13_2013_Amendment_2.pdf 5396706/13/2013 10:57 AMErica Martunas
1.3 DOER-SREC - Amendment 3 SREC_Auction_Notice_06_18_2013_Amendment_3.pdf 5323006/19/2013 03:12 PMErica Martunas
2. DOER-SREC - Qualification Application SREC_Qualification_Application_05_21_2013.doc 29900806/11/2013 11:04 AMErica Martunas
3. DOER SREC - Schedule SREC_Auction_Schedule_05_21_2013.pdf 1327905/17/2013 02:45 PMErica Martunas
4. DOER SREC - Appendix A-SREC Auction Proceeds Transfer Form (Depositor’s Only) SREC_Auction_Notice_06_13_2013_Appendix_A.doc 7065606/13/2013 10:58 AMErica Martunas
5. DOER SREC - FAQs SREC_FAQ_06_27_2013.pdf 7410506/28/2013 08:52 AMErica Martunas
6. DOER SREC - Bidder User Guide World Energy Bidder's User Guide -DOER-SREC.pdf 39374606/13/2013 10:58 AMErica Martunas
7. DOER SREC - Bidder Webinar DOER_SREC_2013 Auction_Webinar_Final [Compatibility Mode].pdf 96704306/19/2013 03:16 PMErica Martunas
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