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Midwest Renewable Energy Tracking System (M-RETS)
In July 2007, the PSC launched the system designed to keep the costs of renewable energy down and encourage more renewable energy development – helping Wisconsin meet Governor Doyle’s challenge to provide 25% of the state’s energy from renewables by the year 2025.The PSC works with APX, Inc. to administer the system on a day-to-day basis. APX Inc. is North America’s leading technology and administration provider for environmental and energy markets. Several other states and provinces in the region are also expected to join as their interest in renewable energy increases.
M-RETS news:
For more information, please visit M-RETS’ website.
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In April 2007, Governor Jim Doyle
and the Public Service Commission of Wisconsin announced that Wisconsin had taken the lead in the Midwest to implement a regional
renewable energy tracking system. The Midwest Regional Energy Tracking System (M-RETS) tracks renewable energy generation that
assists participants in meeting their individual renewable energy portfolios. Wisconsin joined the states of Minnesota, Iowa,
South Dakota, North Dakota and the province of Manitoba in implementing this system. The agreement marks a milestone in
meeting the region’s renewable energy goals and promotes more renewable energy development.This tool helps these jurisdictions
collect data on renewable energy production and provides a mechanism for monitoring their respective goals. It will also promote
trading credits with neighboring jurisdictions in the region to help in meeting policy requirements.