In accordance with the
Renewable Portfolio Standard (RPS), renewable energy sources in Oregon are growing. The RPS was created in 2007, but was updated in 2016 to require that 50% of energy consumption in Oregon must come from renewable energy by 2040. ODOE is responsible for tracking the progress towards this goal in addition to helping institute ways to reach it through various programs. Suppliers that provide renewable energy sources contributing to RPS are awarded renewable energy certificates (REC). A REC is received by a supplier for one
MegaWatt hour worth of renewable energy. The complete rules for establishing eligibility for a REC are listed in The Oregon Administrative Rules. These companies must submit annual compliance forms in order to continue to receive RECs. Between 2012 and 2019, ODOE awarded over $9 million for 92 renewable energy projects statewide, including solar, hydropower, biogas, biomass, and geothermal installations. The RED Grant program promoted investment in and development of renewable energy projects by providing a grant up to $250,000 for businesses, organizations, public bodies, schools, nonprofits, and tribes that install and operate a renewable energy system that produces electric energy. == References ==