REC
Renewable Energy Credit
A tradable certificate representing one megawatt-hour of renewable or zero-carbon electricity generation. Nuclear plants in some states qualify for RECs to monetize clean attributes.
RECs are created per MWh produced and verified by tracking systems like PJM-GATS. Prices range $1-50/MWh depending on vintage and state. Nuclear uses RECs alongside ZECs for revenue stacking.
Why it matters now
In 2025-2026, RECs support nuclear competitiveness in data center PPAs and capacity markets. They aid SMR financing amid hyperscaler demand for verifiable carbon-free power.
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