The Delaware SREC Spot Auction has concluded, purchasing 3622 SRECs at a weighted average price of $80.24 per SREC. All bidders have been individually contacted regarding the status of their bid. Payments will be initiated by ACH direct deposit by July 23rd.
The 2014 Delaware SREC spot auction will continue to accept orders until July 7th at 5:00 PM EST. The auction will accept May, 2014 Delaware SRECs, which were created by GATS on July 1st.
The 2014 Delaware SREC spot auction will be conducted on behalf of Delmarva Power by InClime using the SRECDelaware platform. The spot auction will be open for orders from 9:00 AM EST on June 25th until 5:00 PM EST on July 7th. SRECs generated from June 2010 onward are eligible for the auction. Delmarva Power anticipates purchasing between 2,000 and 6,000 SRECs to meet their 2013/14 Renewable Portfolio Standard obligation in Delaware. All SRECs bid into the auction must be existing SRECs in PJM-GATS and must have Delaware certification numbers.