Скачать презентацию NJ BTM REC Platform Transition Updated May 29 Скачать презентацию NJ BTM REC Platform Transition Updated May 29

a31401c51fbf19d21b6940c0c7cacd95.ppt

  • Количество слайдов: 20

NJ BTM REC Platform Transition Updated May 29, 2009 (This webinar is visual-only. To NJ BTM REC Platform Transition Updated May 29, 2009 (This webinar is visual-only. To join the audio portion of the webinar, dial 866 -740 -1260 and enter access code 3276830#. ) To mute your phone line while on the call, press *6; to unmute press *7.

Presentation Outline • • • Notice - Plans Subject to Change! Early and Default Presentation Outline • • • Notice - Plans Subject to Change! Early and Default Transition Details Frequently Asked Questions Training Opportunities Where to Find More Information Key Contacts

Plans Subject to Change • Transition plans and mechanics are subject to change. • Plans Subject to Change • Transition plans and mechanics are subject to change. • This presentation presents transition plans in their current form and highlights some areas of current uncertainty. • Please check back for updates by attending future calls and/or checking the Transition section of the njcleanenergy. com website – www. njcleanenergy. com/gats.

Transition Status and Outcomes Transition Status and Outcomes

Early and Default Transition EY 2010 (continued) EY 2009 and EY 2010 REC/SREC trading Early and Default Transition EY 2010 (continued) EY 2009 and EY 2010 REC/SREC trading CPM Default Transition EY 2009 REC/SREC trading only GATS EY 2010 (begins June 1, 2009) and EY 2009 True-Up Period (ends September 30, 2009) Account “blackout period” GATS EY 2009 (ends May 31, 2009) CPM Early Transition (Group C) EY 2010 + future REC/SREC trading

Default Transition • Default transition is not voluntary • Applies to all CPM account Default Transition • Default transition is not voluntary • Applies to all CPM account holders who did not elect early transition • Enables continued use of CPM platform for settlement of EY 09 RECs or SRECs created on or prior to June 5, 2009 through EY 09 true-up period (ending September 30, 2009) • Ensures no unretired RECs or SRECs at end of EY 09 true-up period are “stranded” at CPM

Default Transition - Details • All EY 2010 NJ BTM RECs will be issued Default Transition - Details • All EY 2010 NJ BTM RECs will be issued by PJM-EIS through GATS. • Treatment of RECs in Escrow on Transfer Date (9/30) – GATS will not initially support the escrow functionality. – Account holders will be informed that they must clear RECs out of escrow prior to the transition or those escrowed RECs will revert to the seller’s GATS account. – Trades will need to be re-initiated and completed using GATS.

Default Transition – Key Dates Account Holders June 3 Clean Power Markets Account holders Default Transition – Key Dates Account Holders June 3 Clean Power Markets Account holders enter generation data pertaining to production occurring on May 31 or earlier into CPM platform. Last day to enter generation data pertaining to production occurring on May 31 or earlier into CPM platform. After June 3, no production data may be entered into the CPM platform, but must instead be entered into GATS. June 5 CPM creates RECs based on production data entered by June 3. CPM transfers account information to GATS receives account Information transferred includes account holder, information from CPM. generating unit, and partial MWh balances. REC balances are not transferred and remain in CPM system. June 6 -30 After receiving a notice from CPM remains open for trading and retirement of RECs July 1 – GATS, account holders login to created by June 5. September 30 GATS for the first time, choose a password, verify transferred account information, and accept the Terms of Use. GATS open for entering production data. CPM closes. Active REC or SREC balances are transferred GATS receives active REC or to GATS. SREC balances from CPM. There may be a delay (of up to several weeks) in having these balances appear in GATS accounts.

Transition – Account Holder Responsibilities • Current (not historical) account information to be ported Transition – Account Holder Responsibilities • Current (not historical) account information to be ported from CPM to GATS – GATS will be able to replicate CPM account and username – GATS will send account holders an email invitation to log in to a new URL using their CPM username • Account holders are advised to: – Check/print out current account information (generating units in account) and unsold REC balance information prior to default transition – Verify GATS account balances are consistent/accurate – Obtain training/learn to use the GATS system • Account holders will need to: – Log in to GATS and choose a password upon receipt of notification of account availability from GATS; once logged in, view, read, accept and submit electronically the GATS Terms of Use and Schedules C 1 and E 1 to GATS

Frequently Asked Questions • Production Estimates – Existing systems’ production estimates will be transferred Frequently Asked Questions • Production Estimates – Existing systems’ production estimates will be transferred to GATS as-is – Creation of production estimates for new systems will be supported by GATS, using same method as used by CPM – Automated entry of estimated production will be supported by GATS • k. Wh Production Entry/Partial MWh carryover – GATS will enable generators to enter production in k. Wh, and will support carryover of partial MWh to the following month

Frequently Asked Questions • Transaction Escrow Period Support – GATS does not plan to Frequently Asked Questions • Transaction Escrow Period Support – GATS does not plan to support this functionality by the default transition date • Fees – GATS fees are listed in the GATS Terms of Use, fees are not relevant to account holders with less than 10 MW capacity or to transactions among GATS account holders • Username/Password Migration – GATS is working with CPM to transition usernames and accounts; you will receive an email from GATS once the transfer is made, and you will need to create a new password

Frequently Asked Questions • SREC 2 -Year Life Clarification – Effective on March 16, Frequently Asked Questions • SREC 2 -Year Life Clarification – Effective on March 16, 2009, the RPS rules were amended to give SRECs a two year life. – On May 28, 2009, BPU staff released clarification of the RPS rules for SREC carry forward: “ONLY SRECs based on energy generated on or after June 1, 2009 are eligible for the 2 yr SREC life. SRECs issued based upon energy generated on or after June 1, 2009 would thus be eligible for RPS compliance in Reporting Years 2010 or 2011. SRECS issued based on energy generated between June 1, 2008 and May 31, 2009 are only eligible for RPS compliance in Reporting Year 2009. ” – The complete posting is linked here: http: //www. njcleanenergy. com/files/file/Renewable_Programs/S RECs/SREC%20 Rule. pdf.

Transition Webinars • Transition Webinars – These webinars will provide an update of the Transition Webinars • Transition Webinars – These webinars will provide an update of the plans for transitioning NJ behind-the-meter REC and SREC accounts from the current platform operated by Clean Power Markets to the Generation Attributes Tracking System (GATS) platform operated by PJM-Environmental Information Systems. All sessions will cover the same topics, but later sessions may include updated information. – Fri, Jun 19, 2009 11: 00 AM - 12: 30 PM EDT – Fri, Jul 17, 2009 11: 00 AM - 12: 30 PM EDT – Fri, Aug 21, 2009 11: 00 AM - 12: 30 PM EDT • Register here: http: //www. njcleanenergy. com/gats

GATS Solar Training • GATS Solar Subscriber Training Calls – These calls are meant GATS Solar Training • GATS Solar Subscriber Training Calls – These calls are meant to be general calls pertaining to all solar subscribers. GATS will provide Web. Ex live demonstrations on the mechanics of using the GATS System as well as opening the call up to general questions and concerns from the small solar system owners or Aggregators. These calls are open to all of our Subscribers and aren’t focused directly on the NJ Transition. More info and training materials can be found at http: //www. pjm-eis. com/gats/training. html. – Thursday, June 11, 2009 1: 30 – 2: 30

GATS Detailed Training • Online GATS Training Modules – Always available at http: //www. GATS Detailed Training • Online GATS Training Modules – Always available at http: //www. pjm-eis. com/gats/training. html. – Part I: GATS Introduction – Part II: GATS New Account Set-Up – Part III: Managing and Using Your GATS Account • GATS Account Setup and Use – Detailed Training – June 17, in-person at PJM office in PA + webinar simulcast • Register at http: //www. pjm-eis. com/gats/training. html

Transition Info on Website • www. njcleanenergy. com -> Renewable Energy -> Programs -> Transition Info on Website • www. njcleanenergy. com -> Renewable Energy -> Programs -> Solar Renewable Energy Certificates (SREC) -> GATS Transition • http: //www. njcleanenergy. com/gats

Key Contacts • PJM-EIS GATS Administrator, 610 -666 -2245, GATSAdmin@pjm-eis. com • Clean Power Key Contacts • PJM-EIS GATS Administrator, 610 -666 -2245, [email protected] com • Clean Power Markets Nathalie Shapiro, (201) 612 -3221, [email protected] com • Market Manager Steve Wiese, (732) 218 -3409, steve. [email protected] com

Transition Options Summary • Early Transition – Voluntary – Clean cutover from CPM to Transition Options Summary • Early Transition – Voluntary – Clean cutover from CPM to GATS – Best for account holders • Whose buyers are already registered at GATS • Who are willing to learn a new system now • Default Transition – Mandatory – EY 09 settled in CPM, EY 10 settled at GATS – Best for account holders • Who wish to remain with CPM through EY 09 • Who depend on CPM’s escrow function for trading

Early Transition - Overview • Early transition is voluntary • Objectives – Enable account Early Transition - Overview • Early transition is voluntary • Objectives – Enable account holders to transition CPM accounts to GATS prior to default transition date – Provide account holders with more time to learn GATS prior to end of EY 2009 true-up period – Enable transition team (BPU, GATS, CPM, Market Manager) to gain experience with transition administration with a smaller set of participants

Early Transition - Mechanics • “Clean cutover” to GATS – After the applicable Early Early Transition - Mechanics • “Clean cutover” to GATS – After the applicable Early Transition Blackout Period, all NJ BTM RECs will be issued by PJM-EIS and traded through GATS. – No further account activity will occur through CPM • RECs in escrow: – Account holders will be informed that they must clear RECs out of escrow prior to the start of the transition blackout period. – CPM will screen accounts to be transferred for RECs in escrow. If there are RECs in escrow, the account will not be transferred.