The VERs will be sourced from NextEra Energy’s Capricorn Ridge Wind Energy Center located in West Texas. The Capricorn Ridge Wind Energy Center is a wind project that creates VERs under the Voluntary Carbon Standard protocol.
According to the company, the Capricorn Ridge project reduces greenhouse gas emissions by displacing fossil-fueled power plants that emit carbon dioxide. It is estimated that the project will generate approximately 212,000 metric tons of offset credits per year beginning in 2010.
Mark Maisto, president of commodities and retail markets of NextEra Energy Resources said: ”We’re pleased to be the first in the industry to offer verified emission reductions. These new carbon offset credits give our customers a new tool to help them in meeting their sustainability goals.”
NextEra Energy Resources plans to sell the VERs from the Capricorn Ridge project into the voluntary carbon credit market.
