Renewable Energy Credit
A Renewable Energy Credit (REC), also known as a Renewable Energy Certificate, is like a receipt that proves clean energy has been made. When solar panels or wind turbines create electricity, they generate both power and these credits. Companies can buy and sell these credits, similar to how people trade stocks. Many businesses use RECs to show they support green energy, even if they can't put solar panels on their own buildings. This system helps fund new clean energy projects and is an important part of the renewable energy industry.
Examples in Resumes
Managed portfolio of Renewable Energy Credit trades worth $5M annually
Developed tracking system for REC verification and compliance
Led team responsible for Renewable Energy Certificate sales and customer relations
Typical job title: "REC Managers"
Also try searching for:
Where to Find REC Managers
Professional Organizations
Job Boards
Professional Networks
Example Interview Questions
Senior Level Questions
Q: How would you develop a REC trading strategy for a large utility company?
Expected Answer: Should explain how to assess market conditions, evaluate pricing trends, understand compliance requirements, and balance risk with revenue opportunities. Should mention knowledge of different state markets and regulatory frameworks.
Q: Describe how you would handle a complex REC verification dispute.
Expected Answer: Should demonstrate understanding of verification processes, dispute resolution procedures, regulatory compliance, and stakeholder management. Should emphasize communication and problem-solving skills.
Mid Level Questions
Q: What factors affect REC pricing in different markets?
Expected Answer: Should discuss supply and demand basics, state requirements, renewable portfolio standards, voluntary markets, and how different types of renewable energy affect pricing.
Q: Explain the process of REC tracking and verification.
Expected Answer: Should describe tracking systems, documentation requirements, certification processes, and compliance reporting. Should mention major tracking systems and basic verification steps.
Junior Level Questions
Q: What is a REC and how is it different from actual electricity?
Expected Answer: Should explain that RECs represent the environmental benefits of renewable energy generation, separate from the physical electricity, and how they can be bought and sold independently.
Q: What are the basic steps in a REC transaction?
Expected Answer: Should describe the basic process of buying/selling RECs, including registration, certification, and transfer between parties. Should demonstrate understanding of basic documentation needs.
Experience Level Indicators
Junior (0-2 years)
- Basic understanding of REC markets
- Data entry and tracking
- Report generation
- Customer service support
Mid (2-5 years)
- REC trading execution
- Market analysis
- Compliance reporting
- Client relationship management
Senior (5+ years)
- Strategic portfolio management
- Risk assessment and mitigation
- Team leadership
- Complex deal structuring
Red Flags to Watch For
- No knowledge of renewable energy markets
- Unfamiliarity with environmental regulations
- Lack of experience with compliance reporting
- Poor understanding of energy trading concepts
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