Renewables

What is the Renewable Energy Credit (REC) program?

Wind Energy

We are a leading purchaser among southeast utilities of energy from out-of-state wind farms. The company has agreements with Chisholm View Wind Project in Oklahoma and Buffalo Dunes Wind Project in Kansas for enough energy to power more than 100,000 homes. Under both 20-year contracts, we have the flexibility to use generated wind energy to serve customers and retire the associated renewable energy credits (RECs) or sell the energy and RECs to others, either separately or bundled together.

Biomass Energy

Plants grow by converting solar energy into “biomass,” and some forms of biomass are more useful than others in storing and releasing that energy. Biomass is considered “carbon neutral” - meaning that carbon dioxide emissions from burning biomass are offset by the CO2 that was absorbed by the biomass as it grew.

For more than a decade, we have researched biomass – from wood chips to switchgrass – at almost half a dozen of our generation facilities. We are also partnering with a Westervelt Company in Moundville to produce more biomass energy. We have the flexibility to either deliver the energy to our customers or sell the energy or the associated renewable energy credits to third parties.