"New" Renewables

{
  "id": "MLC-T-ENV-018561",
  "term": "\"New\" Renewables",
  "field": "Environment",
  "definition": "The voluntary green power market came into existence in the late 1990's. January 1, 1997 is considered a definitive point in time when green power facilities could be adequately identified as having been developed to serve the green power marketplace. Green power facilities placed into service after January 1, 1997 are said to produce \"new\" renewable energy. The \"new\" criterion addresses the additionality requirement for the voluntary market.",
  "subject": "Climate change",
  "references": [
    "Green Power Markets Glossary",
    "GPP Glossary"
  ],
  "url": "https://mlchart.com/terminology/environment/new-renewables/"
}