If you've no account register here first time
User Name :
User Email :
Password :

Login Now

Lockheed Martin Buys RECs

Lockheed Martin Jet

Lockheed Martin purchased 147,000 renewable energy certificates through an online auction held on World Energy’s World Green Exchange. Each REC represents 1MwH of power

World Energy is the Massachusetts firm that conducts auctions for the Regional Greenhouse Gas Initiative (RGGI), the first cap and trade system for CO2 in the U.S.. The company did not disclose the auction price, but said they were able to provide the credits at a 50% discount to Lockheed Martin.

The RGGI auctions, which began in September of 2008, have raised over $145 million so far.

10 Tactics of Successful Energy Managers
Sponsored By: EnergyCap, Inc.

  
Packaging LED & Advanced Rooftop Unit Control (ARC) Retrofits for Maximum Performance
Sponsored By: Transformative Wave

  
Approaches to Managing EHS&S Data
Sponsored By: Enablon

  
The EHS Guidebook: Selecting, Implementing, and Using EHS Software Solutions
Sponsored By: EtQ

  

One thought on “Lockheed Martin Buys RECs

  1. What exactly does Lockheed plan to do with these certificates. How are they distributed and what do they mean? I’m doing a term paper on the company and this is the begining of my research.
    Shelly

Leave a Comment