Spectron trades first OTC REC option

RECs are the environmental or ‘green’ attributes associated with each megawatt hour (MWh) of renewable energy generated. This attribute can be broken off from the ‘brown’ power and sold separately to companies that either need to use it for a retail green power program or to comply with a Renewable Portfolio Standard (RPS), policies mandating a state to generate a percentage of its electricity from renewable sources.

The 2008 New Jersey Class I REC call option, with a strike price of $15, an