RE:

Elliot:

Below is the general description that I use.

Power has two components: the electrons and the attributes associated with generating these electrons (e.g. fuel type and emissions). A REC represents all of the attributes associated with generating renewable power. RECs can either be bundled with the actual electrons or sold separately.

-----Original Message-----
From: Mainzer, Elliot
Sent: Tue 9/25/2001 3:29 PM
To: Bolton, Stacey; Ring, Richard
Cc:
Subject:

Do you have a good generic description of RECs?

Elliot Mainzer
Renewable Power Desk
Enron North America
121 SW Salmon St.
3WTC-0306
Portland, OR 97201
(503) 464-3706
(503) 464-3740 (FX)
(503) 709-6959 (CL)