GIS Certificate definition

GIS Certificate means an electronic record produced by the NEPOOL GIS that identifies Generation Attributes of each Megawatt-hour (MWh) accounted for in the NEPOOL GIS.

GIS Certificate means an electronic certificate created pursuant to the Operating Rules of the GIS or any successor thereto to represent the generation attributes of each MWh of Energy generated within the ISO-NE control area and the generation attributes of certain Energy imported into the ISO-NE control area.

GIS Certificate means the emissions reporting and tracking certificate that is assigned pursuant to the Generation Information System maintained by ISO-NE, and which records the environmental attributes associated with the generation of a MWh of electricity by a specific generating unit for the purpose of allowing electricity suppliers to differentiate their products for consumers, to provide the information required on energy disclosure labels, and to comply with state and regional Renewable Portfolio Standards and emissions performance standards.

Examples of GIS Certificate in a sentence

• In making such determination of NEPOOL GIS Certificate availability, the Commission will consider the history of NEPOOL GIS Certificate availability relative to NEPOOL GIS Certificate requirements and Alternative Compliance Payments for Rhode Island and other New England state requirements.

• Generation used for early compliance must result in the retirement of a NEPOOL GIS Certificate in a Reserved Certificate Account designated for such purposes.

• The second type of GIS Certificate shall be a Solar Renewable Energy Certificate II (SREC II).

• The first type of GIS Certificate shall be encoded as solar photovoltaic, but without RPS Class I Renewable Generation Attributes or Solar Carve-out II Renewable Generation Attributes.

• A GIS Certificate that represents the RPS Class I Renewable Generation Attributes and Solar Carve-out II Renewable Generation Attributes of the Renewable Generation from a Solar Carve-out II Renewable Generation Unit.

• The Commission will also consider future NEPOOL GIS Certificate availability based on the status of projects under development in the region and other states’ future NEPOOL GIS Certificate requirements, renewable and NEPOOL GIS Certificate trends across the region, trends in renewable technology costs, the benefits to Rhode Island and the region, and any such other information brought to the attention of the Commission during the investigation.

• The Solar Carve-out II Renewable Generation Unit Owner or Operator must include within its Statement of Qualification Application an attestation that any GIS Certificate encoded as solar photovoltaic, but without RPS Class I Renewable Generation Attributes or Solar Carve-out II Renewable Generation Attributes, shall be retired at NEPOOL GIS and its ownership shall not be transferred to any other party.

• A GIS Certificate with a MA Class I Renewable Generation Attribute is termed a “REC” (renewable energy certificate or credit) or a “Class I REC” in common marketplace parlance.

• RPS Class I Renewable Generation Attribute, which is defined in 225 CMR 14.02, is signified in a NEPOOL GIS Certificate as MA Class I Renewable Generation Unit.

• Seller shall sell and deliver and the Buyer shall purchase and receive Class I, Class I Thermal, Class II, Class III and Class IV NEPOOL GIS Certificates equal in number to the corresponding Class I, Class I Thermal, Class II, Class III or Class IV NEPOOL GIS Certificate Quantity.

More Definitions of GIS Certificate

GIS Certificate means an electronic record produced by the NEPOOL GIS that identifies Generation Attributes of each Megawatt-hour (MWh) accounted for in the NEPOOL GIS. SOLAR MASSACHUSETTS RENEWABLE TARGET (SMART)