N.H. grants full RPS credit to biomass thermal
Biomass Power & Thermal
By Anna Simet
June 25, 2012
New Hampshire has become the first state to grant the same credit to renewable thermal projects that renewable electricity projects receive under a renewable portfolio standard (RPS).
Established in 2007, the RPS requires electricity providers to provide 23.8 percent renewable electricity to customers by 2025, and grants renewable energy credits (RECs) on a four-category classification system. New Hampshire S.B. 218 adds thermal renewable to the RPS, granting RECs up to $29 per megawatt-hour of useable thermal energy produced by qualifying projects.
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