The Generation Attribute Tracking System is a trading platform designed to meet the needs of buyers and sellers involved in the renewable energy certificate market - from homeowners and aggregators to states and other market participants.
Converting Electricity into a REC
GATS tracks and records the characteristic data of generators registered in the system. The data is then converted into an electronic certificate, the REC. RECs are created for each megawatt-hour, or every 1,000 kilowatt-hours of electricity generated and then assigned a unique serial number. This serial number is the megawatt-hour's unique finger print. Now, the certificate is eligible for sale.
REC Data Includes:
- Generator location
- Emissions output
- The generator's fuel source
- Vintage or date the generator went online
- Electric utilities
- Environmental firms
- Companies looking to neutralize their carbon footprint
Benefits of GATS to State Agencies
- An effective tool for implementing policies and regulations
- Access to centralized on-demand REC reports
- Fuel mix and emissions disclosure information
- Up-to-date information direct from GATS database
- A system to help monitor, verify and document compliance
- Data supplied by two major grids - PJM Interconnection and the MISO
RECs are created for every one megawatt-hour, or every 1,000 kilowatt-hours (kWh), of electric generation. Every specific megawatt-hour of electric generation is individually certified with a unique serial number. This serial number is the finger print to that particular megawatt-hour of generation that has occurred and is owned only by that particular generator for that particular megawatt-hour.
This certificate becomes a commodity the generation owner can now sell to an interested buyer. Buyers can vary from electric utilities to brokers or aggregators, to environmental firms or to non-industry companies looking to neutralize their carbon footprint.
For state agencies, the GATS provides an effective way to implement policies and regulations. The GATS allows regulators access to centralized on-demand reports about RECs, and fuel mix and emissions disclosures. Reports are always current, as they draw directly from the GATS database, and provide regulators a means to monitor, verify and document compliance.
||PJM Interconnection (PJM) provides generation data to the Generation Attribute Tracking System.
||MISO also provides data to the Generation Attribute Tracking System.
Geocoding services provided by Geocodio.