US REC tracking systems inch towards hourly trading
September 23, 2024 Comments Off
PJM’s Generation Attribute Tracking System has become the US’ first renewable energy certificate tracking system able to have its RECs traded on an hourly basis, with another tracking system, M-RETS, planning on a trading option by 2025. Until now, RECs have only been issued monthly and “procured,” or redeemed, annually. PJM-GATS has had trading functionality for hourly RECs since August,…
US REC tracking systems inch towards hourly trading
PJM’s Generation Attribute Tracking System has become the US’ first renewable energy certificate tracking system able to have its RECs traded on an hourly basis, with another tracking system, M-RETS, planning on a trading option by 2025. Until now, RECs have only been issued monthly and “procured,” or redeemed, annually. PJM-GATS has had trading functionality for hourly RECs since August,…
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