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Background

Pennsylvania’s Major Watersheds

Section 96.8 - Trading Regulation

Credit Generation Process

Offset Generation Process

Request for Certification

Calculations

Use of Credits and Offsets

Certified Projects

Contract/Trade Information

Verification Information

Registration Information

Nutrient Credit Clearinghouse

NutrientNet

Cost-effective Review Examples

Fact Sheet

Questions

Nutrient trading is a market-based program that provides incentives for entities to create nutrient reduction credits by going beyond statutory, regulatory or voluntary obligations and goals to remove nutrients from a watershed. The credits can be traded to help others more cost effectively meet their obligations or goals. The primary purpose of the Nutrient Credit Trading Program is to provide for more efficient ways for National Pollutant Discharge Elimination System (NPDES) permittees to meet their effluent limits for nutrients. Currently, the focus of the program is on the Chesapeake Bay Watershed.
News

The PENNVEST Nutrient Credit Clearinghouse Auction Schedule for the 2011 -2012 Compliance Year is as follows:

  • Forward auctions
    • March 21, 2012
      • To participate in this auction, the pollutant reduction activity will need to be certified by February 8, 2012.
    • June 13, 2012
    • September 12, 2012
  • Spot auction
    • November 7, 2012

PENNVEST held a “spot” auction on November 2, 2011 for the sale and purchase of nutrient credits in the Susquehanna and Potomac watersheds. The public results are as follows:

Public Results for Pennvest Spot Auction November 2nd 2011
Credit: SU-N-11
Bid/Offer Quantity Won Winners: Total Quantity Traded Final Price ($)
BID 20,859.00 Harrisburg Advanced Wastewater Treatment Facility 20,859.00 3.10
OFFER 5,059.00 County of Lycoming    
OFFER 500 Electrocell Technologies Inc.    
OFFER 15,290.00 Elizabethtown Borough    
OFFER 10 Mercuria Energy America, Inc.    
Credit: SU-P-11
Bid/Offer Quantity Won Winners: Total Quantity Traded Final Price ($)
BID 700 The Mountaintop Area Joint Sanitary Authority 700 4.73
OFFER 238 County of Lycoming    
OFFER 462 Electrocell Technologies Inc.    

For additional information please visit:

http://www.pennvest.state.pa.us/portal/server.pt/community/nutrient_credit_trading/19518 or
http://www.markit.com/en/products/environmental/auctions/pennvest.page


The information outlined on this website is intended to supplement existing requirements. Nothing on this site shall affect regulatory requirements. The information herein is not an adjudication or a regulation. There is no intent on the part of the Department to give the information on this website that weight or deference. This information establishes the framework, within which the Department will exercise its administrative discretion in the future. The Department reserves the discretion to deviate from this statement if circumstances warrant.

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