Announcements


Indexed REC-32: How will the Project provide generation data for the purposes of verification in Section 6.1 of the Indexed REC Contract if they are not interconnected through PJM or MISO?

Pursuant to Section 6.1 of the Indexed REC Contract, “Seller shall, on a monthly basis, provide to Buyer and the IPA (i) hourly MWh generation data applicable to the Project and (ii) hourly real time locational marginal prices at the applicable hub indicated in the Product Order (either PJM-NIHUB or MISO-IL) for each calendar month of the Acceptable Vintage Period within five (5) Business Days after the conclusion of such Vintage month. This information provided shall be rounded to the sixth (6th) decimal place and shall be provided in Microsoft Excel format. For purposes of verification, Buyer and the IPA shall be granted read-only access of information for the Project by Seller within PJM Power Meter system or MISO Market Portal, as applicable, within thirty (30) days of: the Effective Date of this Agreement or the Date of First Operation (or the Hydropower Refurbishment Completion Date if the Project is a Hydropower Project that is newly Modernized or Retooled), whichever is later; such data shall be treated and maintained as confidential and proprietary by the IPA and Buyer….”

If the Project is not interconnected through MISO or PJM, and therefore their generation data is not available within PJM Power Meter system or MISO Market Portal, then Seller shall work with Buyer and the IPA to provide an alternative source, if available, of the hourly MWh generation data applicable to the Project for verification purposes.