In a medium sized sauté pan, heat the olive oil over medium high heat. When the oil is hot add in the minced shallot and garlic and sauté for about 2 minutes. When the shallots have softened add in the roasted red peppers, salt, and pepper and sauté for another 2 minutes.

Add in the broth and vinegar and cook for another 2 minutes stirring occasionally until the liquid has reduced slightly. Turn off the heat and add the roasted red pepper mixture to a blender or food processor and blend until smooth. Set aside until ready to serve.

Preheat oven to broil. Line a baking sheet with foil or parchment paper and spray it with cooking spray.

In a shallow dish combine the parmesan cheese, thyme, paprika, salt, and pepper, tossing together until combined. Place the tilapia fillets one at a time into the dish coating them with the parmesan cheese mixture. Place the parmesan coated tilapia onto the prepared baking sheet. Continue the process until all of the fillets are coated.

Spray the tops of the fillets with a little cooking spray or a drizzle of olive oil. Place them in the oven and broil for 7-10 minutes or until the thickest part of the fish is opaque. Serve the tilapia on top of some of the roasted red pepper sauce.