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Spectron to run REC auction for City of Orange

19 Jun 09

Spectron Environmental, the environmental products arm of leading commodities brokerage Spectron, is pleased to announce it is to run an auction of solar RECs (Renewable Energy Certificates) for the City of Orange, New Jersey, next week.

The sealed bid auction is for 145 reporting year 2009 New Jersey solar RECs, and will take place on June 23, from 9.00 a.m. to 1.00 p.m. EDT. A reserve price of $675/SREC has been set. No partial volume bids will be accepted and all bidders must pre-register with Spectron. Results will be announced at 5.00 p.m.

Full auction details are available on the Spectron Environmental website.

Spectron Environmental is a dedicated global brokerage for environmental products and has been actively involved in these markets since 2002. A winner of numerous awards – including two Gold Awards for Excellence in Emission Markets from Energy Business and the 2008 US Emissions House of the Year Award from Energy Risk magazine – it is owned by Spectron Group, the global wholesale energy marketplace operator. 

For all press enquiries, please contact:  Richard Frape
Director of Market Services - 44 207 074 2008

For all trading enquires, please contact:  Mike Ferguson
Head of Environmental Desk - 1 360 892 3300

© Spectron Group Limited, 4 Grosvenor Place, London SW1X 7DL, UK - Tel: (+44) (0) 20 7823 4646 - Fax (+44) (0) 20 7235 8417/8519  Terms of use

A Company in the Imarex Group