Methane%20Performance%20Certificate%20Spot%20Contract

Description

The%20Methane%20Performance%20Certificate%20(less%20than%200.1%20percent%20methane%20emissions%20intensity)%20(%E2%80%9CMPC.1%E2%80%9D)%20Spot%20Contract%20represents%20a%20standardized,%20cleared%20contract%20for%20immediate%20physical%20delivery%20of%20eligible%20Methane%20Performance%20Certificate(s)%20(%E2%80%9CMPC.1%E2%80%9D)%20(A)%20issued%20and%20verified%20under%20the%20Quantification%20Framework%20for%20Digital%20Natural%20Gas%20and%20Methane%20Performance%20Certificates%20(see%20Schedule%201%20of%20the%20Digital%20Fuels%20Program),%20and%20(B)%20substantiated%20by%20underlying%20Digital%20Natural%20Gas%20units%20with%20certified%20attributes%20meeting%20the%20less%20than%200.1%20percent%20methane%20emissions%20intensity%20Screening%20Criteria%20established%20in%20Operating%20Schedule%20No.%203%20to%20the%20Standard%20Instruments%20Program.

Product Code

MPC_.1_v21

Clearing & Settlement

Products%20associated%20with%20Contracts%20that%20are%20the%20subject%20of%20Transactions%20are%20pre-cleared%20and%20physically%20settled%20through%20Market%20Operator%E2%80%99s%20Payment%20versus%20Delivery%20Clearing%20and%20Settlement%20structure.%20Asset%20Units%20are%20delivered%20on%20a%20spot%20basis%20(intra-day%20based%20on%20netted%20end%20of%20day%20positions)%20into%20the%20Participant%E2%80%99s%20Market%20Registry%20Account,%20an%20account%20exclusively%20dedicated%20for%20use%20in%20connection%20with%20the%20Market.

Lot Size

2,500%20MPC

Minimum Price Fluctuation

The%20price%20convention%20shall%20be%20$0.001%20per%20MPC

Registry

Xpansiv%20DF%20Registry

Market

Trading Hours

Market%20Open:%2008:30%20%E2%80%93%2016:00%20Eastern%20Time%20Monday%20through%20Friday%20on%20U.S.%20Business%20Days