PJM EIS
Generation Attribute Tracking System (GATS)
Presented to
NASEO 2015 Mid-Atlantic Regional Meeting
June 22, 2015
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Who is PJM EIS?
• PJM Environmental Information Services, Inc.
– Formed in February 2005
– Capitalized independently of PJM Interconnection, L.L.C.
– PJM members have no cost responsibility or liability
• Generation Attribute Tracking System (GATS)
– GATS is owned and administered by PJM EIS
– Tracks environmental attributes of generation
– Supports reporting and verification requirements related to
environmental compliance (e.g., state Renewable Portfolio
Standards, and fuel mix and emission disclosure) and related
markets
– Costs borne solely by GATS users
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PJM EIS Services
• As the GATS Administrator, PJM EIS provides the
following services:
– Performs all system maintenance and development.
– Supports the Customer Hotline
– Develops and delivers customer training as needed (in-person,
via the internet, and recorded)
– Schedules periodic meetings of the GATS Subscriber Group and
State Agency Advisory Committee.
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Providing Valuable Services to PJM States
PJM-EIS continues to work with state agencies as programs evolve and
additional states implement RPS programs.
State RPS
State Goal
GATS certificates required for RPS compliance:
☼ NJ: 20.38% by 2021
☼ MD: 20% by 2022
☼ DE: 25% by 2026
☼ DC: 20% by 2020
☼ PA: 18%** by 2020
☼ OH: 12.5% by 2026
VA: 15% by 2025 (voluntary goal)
GATS certificates accepted for RPS compliance:
☼ IL: 25% by 2025
IN: 10%** by 2025 (voluntary goal)
GATS certificates must be imported into the
state’s tracking system for RPS compliance:
☼ NC: 12.5% by 2021 (IOUs)
MI : 10% + 1,100 MW by 2015
DSIRE: www.dsireusa.org
March2015
☼ Minimum solar requirement
** Includes non-renewable “alternative” energy resources
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Regulatory Agencies with Accounts in GATS
•5
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PJM EIS Web Site
Contains an Overview of State Programs
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GATS Status (as of 6/2015)
• 10,800+ GATS subscribers
• 63,500+ renewable generators registered in 22 States & DC
– 61,800+ solar PV facilities in 17 states & DC
– Solar PV total nameplate capability: 2,331.7 MW
• States with over >1000 registered renewable generators:
NJ
33,975
MD
14,169
PA
7,715
DE
1,957
OH
1,666
DC
1,501
VA
1,198
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GATS Design Overview
• All MWhs of PJM generation are tracked.
• A certificate market separate from energy is enabled for
renewable generation.
– Certificates (i.e., credits) traded separate from energy
– Certificates can have different value depending on their attributes
(e.g., fuel type, location, date of generation, etc).
• It is a single information system that will support a range of
reporting, verification, and compliance requirements (e.g.,
disclosure, RPS, voluntary retail markets, etc).
• It is a regional system that will enable PJM states and market
participants to support varying needs and priorities.
• A system that is flexible enough to meet evolving state
requirements.
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GATS Design Overview
• GATS Operating Rules were established by a stakeholder
group that included representatives form various state
agencies, market participants, environmental advocates,
and PJM staff
• Each state determines what can resources are eligible to
be used for compliance with its RPS
• States also determine the acceptable means for reporting
generation. GATS supports:
– Reporting by Balancing Authority (e.g., PJM or MISO)
– Third Party Reporting (e.g., solar monitoring or Electric Distribution
Company)
– Self-Reporting
– Production Estimates (for small solar PV or solar hot water)
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Tracking Energy Efficiency Credits
• GATS supports the creation of Energy Efficiency Credits
(over 94,000 created to date)
• GATS Operating Rules can be amended to incorporate
additional rules governing the creation of energy efficiency
credits
• Operating Rules would reflect Evaluation, Measurement,
and Verification (EM&V) guidance developed by U.S. EPA
and the States.
• As an all-generation tracking system, GATS is uniquely
positioned to translate energy savings into avoided
emissions
• Leveraging the existing regional registry is the most efficient
and cost-effective solution
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PJM CO2 Emission Report
CO2 Emission Rate
(lbs/MWh)
2,500
2,000
1,500
1,000
500
2009
2010
Marginal On-Peak
2011
2012
Marginal Off-Peak
2013
Sep
May
Jan
Sep
May
Jan
Sep
May
Jan
Sep
May
Jan
Sep
May
Jan
Sep
May
Jan
0
2014
PJM System Average
http://www.pjm.com/~/media/committees-groups/committees/mic/20150311/20150311-informational-marginal-carbon-emissions-report.ashx
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RGGI Leakage Analysis
CO2 Leakage into PJM RGGI Region
45,000,000
CO2 Emissions (tons)
40,000,000
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Imports into RGGI Region
RGGI No Allowance Requirement Unit
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Developing Streamlined Processes
Inter-Registry
Transfers
Auction Platforms
Third Party Reporters
Aggregators
State Solar
Registration Systems
Solar Production
Estimates
REC Management
Systems
Interfaces are being developed to automate processes and satisfy the needs of the
Subscribers as well as the States within the PJM Region
Currently there are seven existing Interfaces in GATS (Geocoding API is not shown)
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Improving Market Efficiency and Transparency
Additional information now publicly available to improve
market transparency:
Aggregator/Broker Listing
Listing of Aggregators and Brokers in GATS
Renewable Generators Registered in GATS
Listing of all RE systems and their State RPS Enrollment(s)
Solar Weighted Average Price
Listing of SREC Trades by State, by Month
Bulletin Board & Buyer’s Bulletin Board
Listing of Credits for Sale/Purchase
RPS Eligible Certificates & RPS Retired Certificates
Listing of Eligible / Used RECs (i.e., supply and demand)
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Market Data – Public Reports
1
2
3
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EXAMPLES – GATS PUBLIC REPORTS
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PJM Renewable Energy (MWh)
35
30
25
MWh (millions)
Biomass
20
Solar
Wood
15
Methane
10
Solid Waste
Water
5
Wind
0
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
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PJM System Average Fuel Mix
100%
90%
80%
70%
60%
Nuclear
50%
Renewables
40%
Oil
Gas
30%
Coal
20%
10%
0%
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
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PJM Average Emissions
1,350
9
1,300
8
1,250
7
6
CO2
1,200
5
1,150
4
1,100
3
1,050
2
1,000
1
950
0
SO2 and NOx
PJM Average Emissions (lbs/MWh)
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Carbon Dioxide
Sulfur Dioxides
Nitrogen Oxides
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Example Public Reports: RPS Retired RECs
RECs Retired for VA RPS by Fuel Type
(2010 to 2012)
RECs Retired for VA RPS by State
(2010 to 2012)
2,500,000
2,500,000
2,000,000
2,000,000
1,500,000
1,500,000
1,000,000
1,000,000
500,000
500,000
0
0
2010
WAT
WND
2011
MSW
2012
HPS
WDS
2010
MD
NC
PA
2011
VA
WV
2012
IN
NJ
IL
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Renewable Energy Resources in VA
(Capacity in MWs, as of 12/31/2014)
Energy from
Waste, 123.0
Solar PV, 7.7
Landfill Gas,
150.6
Wood Waste,
609.5
Hydro, 368.7
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Virginia Solar Capacity (kW) in GATS
(as of 12/31/2014)
9,000
8,000
7,000
6,000
5,000
4,000
3,000
2,000
1,000
0
2008
2009
2010
2011
2012
2013
2014
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NJ Solar Prices / Installed MW
NJ Solar Prices / Installed MW
(Jan 2013 to Dec 2014)
$400
1600
$300
1200
$200
800
$100
400
0
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
$0
Active KW DC
Weighted Average Price per Certificate
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Solar Capacity Additions by State
Installed Solar PV (MWDC)
(1/2011 to 2/2015)
2,500
2,000
1,500
1,000
500
NJ
MD
PA
OH
NC
DE
DC
VA
Feb
Dec
Oct
Aug
Jun
Apr
Feb
Dec
Oct
Aug
Jun
Apr
Feb
Dec
Oct
Aug
Jun
Apr
Feb
Dec
Oct
Aug
Jun
Apr
Feb
0
Other
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In-State versus Out-of State Sourcing
Slide credited to Lori Bird (NREL), SREC Markets: Status and Trends, 1/18/2012
•Source of SRECs retired for 2010 compliance
Maryland:
68% in-state
Mostly in-state
•Ohio:
•35% in-state
•Pennsylvania:
•32% in-state
•DC:
•13% in-state
Mostly out-of-state
Several States Are Sourcing SRECs Primarily from In-State Systems, While
Others Are Sourcing More Broadly
Rules changing in Maryland and DC
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Example: RPS-Eligible REC Status
NJ Class I 2012
RPS NJ
21%
Retired - Other
5%
RPS PA
7%
Other
22%
RPS IL
2%
RPS OH
5%
RPS DE
3%
Available
52%
RPS MD
5%
RPS DC
0%
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For Additional Information
Ken Schuyler
Evelyn R. Robinson
President, PJM EIS
Phone: (610) 666-8918
Email: ken.schuyler@pjm.com
Manager, Regulatory & Legislative Affairs
Cell: (610) 639-0491
Email: evelyn.robinson@pjm.com
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