M-RETSMidwest Renewable Energy Tracking System
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Similar to other market-oriented systems, M-RETS enables renewable energy credit tracking and trading, helping to keep costs of developing renewable energy down and encouraging renewable energy generation.
We are pleased to partner with leading organizations in the Midwest region to help them drive the expansion of both the M-RETS system and renewable energy generation.
The first Renewable Energy Certificates (RECs) under M-RETS will be issued October 15, 2007.
The purpose of M-RETS is to support and stimulate a regional trading market and to help participants meet their renewable energy standards and objectives.
We are pleased to have been selected for M-RETS, and look forward to supporting regional environmental goals in the Upper Midwest.
M-RETS will provide a tool for these jurisdictions to collect data on renewable energy production and provide a mechanism for monitoring their respective goals.
Industry, regulators and other project participants were engaged to secure passage of legislative authority for Wisconsin, Minnesota, Iowa, North Dakota, South Dakota and to allow M-RETS implementation to move forward.