Wakefield, MA — August 5th, 2021 — Today, ESAI Power, a market research and consulting firm, announced the immediate availability of its Renewables Watch^TM Service which provides Class I REC (Renewable Energy Certificates) Price outlooks to 2030 for the ISO-NE & PJM power generation and transmission systems and the Supply & Demand Balance forecasts for the NYISO power generation and transmission system.

“Renewables Watch^TM contains an update to our supply and demand balance of Class I RECs in ISO-New England, PJM, and New York plus a review of factors changing this balance,” said Julia Criscuolo, Manager of Renewables and Emissions Research at ESAI Power. “The renewable energy market in NYISO, PJM, and ISO-New England is very dynamic with significant growth in off-shore wind and solar power over the past five years.”

ESAI Power has a long history of forecasting Renewable Energy RECs on an annual basis since 2009 as part of their Energy Watch^TM Service. An increase in demand from customers, new federal and state-mandated renewable energy targets, and a spike in Renewable Energy investment has driven customer requests for Renewable Energy updates and price forecasts.

Renewables Watch^TM outlines regulatory and market factors that impact the supply and demand balance forecast for Class I RECs and project the supply and demand balance forecast for the next decade. Renewables Watch^TM includes state by state Renewable Portfolio Standard (RPS) requirements, information on Renewable RFPs, and information on battery storage mandates and incentives by state for PJM, ISO-NE and NYISO.

Renewables Watch is now available as part of ESAI Power’s Quarterly Power Service, focused on long-term energy price forecasting, and supporting investment planning and valuations of renewable energy assets.

About ESAI Power
Founded in 2001, ESAI Power is a market research and consulting firm delivering focused analysis on the wholesale power markets in the Northeast region of the US: PJM, NYISO, and ISO-New England. ESAI Power provides independent, unbiased research and analysis to a wide range of clients, including generation owners, investors, traders, transmission developers, RTOs, utilities, and end-users.

Energy Watch^TM and Renewables Watch^TM are registered trademarks of ESAI Power in the United States.

For more information about Renewables Watch and ESAI Power:
Tom Bausemer, COO
ESAI Power
781-460-1227
[email protected]
https://www.esaipower.com/products/renewable-energy/