Elliot:
 
Below is the general description that I use.  
 
Power has two components: the electrons and the attributes associated with generating these electrons (e.g.  fuel type and emissions).  A REC represents all of the attributes associated with generating renewable power.  RECs can either be bundled with the actual electrons or sold separately.   

-----Original Message----- 
From: Mainzer, Elliot 
Sent: Tue 9/25/2001 3:29 PM 
To: Bolton, Stacey; Ring, Richard 
Cc: 
Subject: 



Do you have a good generic description of RECs? 

Elliot Mainzer 
Renewable Power Desk 
Enron North America 
121 SW Salmon St. 
3WTC-0306 
Portland, OR  97201 
(503) 464-3706 
(503) 464-3740 (FX) 
(503) 709-6959 (CL)