More renewable natural gas credits for NextEra. RINs are renewable natural gas credits and the market for such credits is booming currently. I spoke to a NextEra Energy Marketing (the division working with Opal) customer - a municipal aggregator - recently. He told me that NextEra was responsible for procuring and retiring credits for them. I guess it is not difficult to understand the business model here. As I mentioned in a piece recently, the company generates more than 98% of its revenues from utilities where natural gas (not the renewable kind) is the primary source of fuel while promoting itself as a renewable energy company.
No discussions yet. Start a discussion below.
Get Published - Build a Following
The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.
If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.