Maryland Tier 1 RECs eligible for delivery are those which are
eligible to meet the Tier 1 renewable energy requirement (as
defined in the Maryland Renewable Energy Portfolio Standard
promulgated under 7-701 of the Public Utilities Article of the
Annotated Code of Maryland and issued by PJM GATS having a vintage
year designation that corresponds to the specified vintage of the
expiring contract.) Parties seeking to deliver RECs from black
liquor or products derived from black liquor must provide to the
buyer in such form as determined by the Exchange: (1) a copy of the
pre-June 1, 2021 commercial contact under which such RECs were,
created, bought or sold to facilitate retirement of such RECs as
Maryland Tier 1 RECs; and (2) an
attestation,
agreement and warranty. Parties seeking to deliver RECs from
waste-to-energy or refuse-derived fuels must provide to the buyer
in such form as determined by the Exchange: (1) a copy of the
pre-June 1, 2025 commercial contact under which such RECs were,
created, bought or sold to facilitate retirement of such RECs as
Maryland Tier 1 RECs; and (2) an
attestation,
agreement and warranty.