Connecticut Compliance Renewable Energy Certificate Class I Future65898880
ICE Futures U.S.
Connecticut Compliance Renewable Energy Certificate Class I Future
Description
Physically delivered Connecticut Class I Renewable Energy Certificates (“Connecticut Class I REC”) where a Connecticut Class I REC is an electronic certificate issued by the NEPOOL GIS for qualifying generation.
Market Specifications
- Trading Screen Product Name
- REC-CT Futures
- Trading Screen Hub Name
- REC-CT CI
- Contract Symbol
- CTT
- Settlement Method
- Physical delivery
- Contract Size
- 100 MWh representing 100 Class 1 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. Please see Table in Resolution 1 to this Chapter 18.
- 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
- Connecticut Class I RECs eligible for delivery are those representing Class I renewable energy (defined in General Statutes of Connecticut, Title 16, c. 277, §16-1(26)) eligible to meet Class I requirement of the Renewable Energy Portfolio Standard promulgated under General Statutes of Connecticut (Title 16, c. 283, §16-245a) and issued by NEPOOL GIS having a vintage year designation that corresponds to the specified vintage of the expiring contract..
- Registry
- NEPOOL GIS
- MIC Code
- IFED
- Clearing Venues
- ICEU
Related Products
Trading Hours
| City | Trading | Pre-Open |
|---|---|---|
| NEW YORK | 7:50 PM - 6:00 PM* 19:50 - 18:00 | 7:40 PM 19:40 |
| LONDON | 12:50 AM - 11:00 PM 00:50 - 23:00 | 12:40 AM 00:40 |
| SINGAPORE | 8:50 AM - 7:00 AM* 08:50 - 07:00 | 8:40 AM 08:40 |
*Next Day
*Sunday Pre-Open 5:40 PM ET; Closed on Saturday
Codes
- Clearing Admin Name
- REC-CT C1
- Physical
- CTT
- Logical
- CTT
- GMI (FC)
- JO
- ION A.C.N.
- Symbol Code
- CTT