No, at the end of each Trading Period for the first, second and third quarter of any calendar year, all the following Certificates will automatically be transferred by the GIS Administrator to the Banked Certificate Subaccount held by the applicable GIS Account Holder.
- Conservation Certificates,
- all APS Certificates,
- all Renewable Certificates,
- all Certificates representing MWhs generated by Zero Emissions Generators and
- all other Certificates representing MWhs generated by a GIS Generator or NH Biodiesel Producer designated as qualified under any RPS, APS, or CES listed in Part 2 of Appendix 2.4 (except S-REC Auction Certificates and SREC-II Auction Certificates) that in each case are neither Reserved Certificates, nor held in a Retail Subaccount nor associated with an export transaction (collectively, “Banked Certificates”)
Please note that with exception to MA auction Certificates, Certificates cannot be banked from one trading year to the next. All Certificates for the trading year must be transferred or retired in NEPOOL GIS by the end of the Q4 trading period.