May 2001 - The Bonneville Power Administration (BPA) and the Bonneville Environmental Foundation (BEF) signed an agreement to promote renewable power development through a new "green tags" program. Green tags, also called green certificates, represent the environmental attributes of power generated from renewable energy facilities. Under the agreement, BPA will sell the power from its renewable facilities at market rates, while BEF will sell green tags to cover the above-market costs of generating the renewable power. BEF will use the sales revenues to expand a $15 million fund earmarked for renewable resource development in the Pacific Northwest.
News Release - BPA, BEF Ink "Green Tag" Deal - No longer online at bpa.gov
BPA Contact: John Lebens (503) 230-3965
BEF Contact: Angus Duncan (503) 248-1905