- Trading Screen Product Name
- REC-TX Futures
- Trading Screen Hub Name
- REC-TX FH
- Contract Symbol
TFH
- Settlement Method
Physical delivery
- Contract Size
1000 MWh representing 1000 Texas RECs
- Currency
USD
- Minimum Price Fluctuation
The price quotation convention shall be One cent ($0.01) per MWh;
minimum price fluctuation may vary by trade type
- Listing Cycle
1. The Exchange may list monthly contracts in the Standard Cycle or
any other calendar month it determines for the current year and
forward for up to ten years.
2. The Standard Cycle is: January, February, March, April, May,
June, July, August, September, October, November and December
- Last Trading Day
Three Business Days prior to the last Business Day of the delivery
month
The last weekday of December is not considered a Business Day,
unless otherwise determined and announced by the Exchange.
- Deliverable Instruments
Texas RECs eligible for delivery are those which have been
generated from wind energy production technology in Texas and
having a Front Half year designation that corresponds to the
specified vintage year of the expiring contract. REC Offsets are
not deliverable.
RECs delivered must be from facilities that have a Tracking
Attestation form on file with the Center for Resource Solutions
(“CRS”), in connection with CRS’s administration
of its Green-e® certification programs. The Tracking
Attestation form must cover the generation period of the RECs.
Maintenance of an active Tracking Attestation form does not
guarantee that a facility meets the requirements of any
Green-e® renewable energy standards and does not mean that a
facility’s supply is Green-e® Certified. The Green-e®
name and symbol are a registered trademark owned and administered
by Center for Resource Solutions (CRS). For more information about
Tracking Attestation forms and Green-e® certification, please
visit the Green-e® website at www.green-e.org. To confirm that
a facility has an active Tracking Attestation form on file, please
contact the Center for Resource Solutions at
verification@green-e.org
For contracts which are designated as Front Half or FH, RECs
acceptable for delivery are those that were issued for generation
occurring in the first six calendar months of the specified vintage
year.
- Registry
ERCOT Renewables Registry
- MIC Code
- IFED
- Clearing Venues
- ICEU