The Automated Power Exchange (APX) is now posting the average monthly price for green power in the APX Green Power Market as well as the average price premium paid for green power above the price of system power in the California Power Exchange. APX will update the APX Green Power Prices on the 15th of every month.
The APX Green Power Market is a week-ahead forward market that matches renewable energy producers with retail providers who want to provide "green" or renewable power to their customers. This market includes only those resources that meet the California Energy Commission's requirements of a "Registered Renewable Supplier" and are eligible for funding from the Renewable Resources Trust Fund. Energy provided from wind, solar, geothermal, biomass, landfill gas, and small hydro (less than 30 MW) power plants may be sold into the APX Green Power Market. The APX Green Power Market is also a member of the Green-e program, a renewable branding program that assures customers their energy purchases from the APX Green Power Market meet high environmental standards.