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Clean Energy Management Software for Alternative Energy Portfolio Standard (APS) - Energy - Solar Energy
The Alternative Energy Portfolio Standard (APS) was developed in 2008 to require a certain percentage of the Massachusetts electricity supply to be sourced from specific alternative energy sources. In October of 2017, the Massachusetts Department of Energy (DOER) drafted regulations, pursuant to Chapter 251 of the Acts of 2014 and Chapter 188 of the Acts of 2016, that added renewable thermal, fuel cells, and waste-to-energy thermal to the APS.
Alternative Energy Credits (AECs) are issued as an incentive to the owners of eligible renewable thermal energy facilities per every megawatt-hour equivalent (MWhe) of thermal energy generated. Retail electricity suppliers may purchase these credits to meet APS compliance standards. The APS expands the current renewable mandates to a broader spectrum of participants, as the state continues to expand its portfolio of alternative energy sources.