SREC Markets: Oregon

Oregon

Oregon Renewable Energy Act of 2007 (SB 838) established a renewable portfolio standard (RPS) for electric utilities and retail electricity suppliers. This RPS was updated by SB 1547* in 2016 to raise the target to 50% renewable energy by 2040.

Eligible Technologies

Eligible renewable resources include electricity generated from solar, wind, hydropower, ocean thermal, wave, and tidal power, geothermal, hydrogen derived from certain renewable sources, municipal solid waste, and biomass, including biogas. SB 1547 also made eligible thermal energy for a secondary purpose produced by facilities that generate electricity from biomass. Eligible resources must be located within Western Electricity Coordinating Council (WECC) territory or must be designated environmentally preferable by the Bonneville Power Administration (BPA).

Tracking Registry: WREGIS

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