If the Delivery of one (1) REC has not occurred by the upcoming July 15 REC Annual Report submission deadline, Seller shall include in Seller’s REC Annual Report a confirmation that there are no technical issues known to Seller that would impede the generation, issuance and Delivery of RECs from such Designated System and a confirmation that Seller has uploaded meter readings to PJM-EIS GATS or M-RETS, and Seller shall provide information related to such uploads. Many states in the country, and most in PJM, have developed target goals for renewable energy, or renewable portfolio standards (RPS). Seller shall upload meter readings to PJM-EIS GATS or M-RETS pursuant to Section 2.3(e) as necessary for the issuance and timely Delivery of at least one (1) REC by the deadline set forth in this Section 4.1(a).Įach invoice, with respect to a Quarterly Payment Cycle, shall include: (a) the invoice amount, (b) the cumulative amount previously invoiced by Seller under such Quarterly Payment Cycle, (c) the Maximum Allowable Payment indicated in the most recent Quarterly Netting Statement for such Quarterly Payment Cycle and (d) the applicable PJM-EIS GATS and/or M-RETS Unit IDs of Designated Systems that have been Energized. The information for the dashboard was gathered in large part from the Generation Attribute Tracking System (GATS), a system developed by PJM affiliate, PJM-EIS.
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