World Energy Solutions, which operates auctions for energy and green commodities, said it conducted the online auction for the Green-e RECs in three tranches.
Green-e Energy runs the US’ largest independent certification and verification program for renewable energy.
"The auction was successful on many fronts," said Phil Adams, president of World Energy. "The event brought together a who's who of US Green-e REC suppliers, spurred record bidding activity, provided exceptional price discovery, and delivered an attractive REC purchase price.
