Tracking Systems. (a) The Parties will use PJM-GATS and/or M-RETS and/or NARR as the tracking system for the Product, and Seller will provide the name of the retirement sub-account to be used in the tracking system to the Buyer. (b) The Parties may agree to use an alternate tracking system upon prior written approval of Buyer. (c) Seller must provide a screen print from the applicable tracking system (e.g. M-RETS) with each invoice in order to document the retirement of the RECs. Such screen print must show the facility name, fuel type, month of generation, certificate serial number, quantity, retirement sub-account name and specify Party B as buyer. However, if Party B makes a request in writing ten (10) days prior to the commencement of the applicable Delivery Season that RECs be Delivered in an un-retired state, Party A shall be obligated to Deliver RECs in an un-retired state. (d) All costs and fees associated with utilizing a generation tracking system (including, without limitation, any costs associated with the retirement of any Product) shall be borne by Seller.
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Sources: Renewable Energy Credit Agreement, Renewable Energy Credit Agreement