Renewable Energy Services
Michigan Renewable Energy Certification System (MI...
Michigan Renewable Energy Certification System (MIRECS)
The Michigan Renewable Energy Certification System (MIRECS) creates, tracks and enables trading of environmental credits through a unique, traceable digital certificate issued for every megawatt hour (MWh) of qualifying energy generated by facilities registered with MIRECS or imported into MIRECS. These credits include Michigan Renewable Energy Credits (RECs), Advanced Cleaner Energy Credits (ACECs), Michigan Incentive Renewable Energy Credits (ICs) and Energy Optimization Credits (EOCs) which fall under the state's Clean, Renewable and Efficient Energy Act. The system will also support linkages with other state and regional renewable energy market programs.
Midwest (M-RETS)
M-RETS tracks renewable generation located within the state and provincial boundaries of Illinois, Iowa, Manitoba, Minnesota, Montana, North Dakota, South Dakota, and Wisconsin. It also tracks Renewable Resource Credits (RRCs) for the State of Wisconsin. M-RETS is an easy to use, Web-based system open for use by power generators, utilities, marketers and qualified reporting entities wishing to participate in the M-RETS market. View the Top 10 Reasons to Join M-RETS in the Midwest footprint.
New England (NEPOOL GIS)
The NEPOOL GIS issues and tracks certificates for each MWh of generation produced in the ISO New England control area, including imports from neighboring control areas, and all load served. Each NEPOOL GIS certificate, in addition to renewable attributes, tracks eight types of emissions (including CO2). The system also provides certificate based tracking for energy efficiency from combined heat and power assets, demand response, congestion and load management programs in the state.
Western States (WREGIS)
WREGIS, established in June 2007 and administered by the Western Electricity Coordinating Council (WECC), is an accounting system designed to issue, register and track RECs to verify compliance with regulatory requirements and participation in voluntary market programs throughout the western United States. WECC oversees electric reliability for more than 71 million people in 14 western states, two Canadian provinces, and the Northern portion of Baja, Mexico. APX's market platform serves as the foundation for renewable energy certificate trading across the WECC region.
North American Renewables Registry™
The North American Renewables Registry (NAR) issues, tracks and enables trading and retirement of certificates through a unique, traceable serial number issued for every megawatt hour (MWh) of qualifying renewable energy or energy savings from projects registered with NAR. The system has been designated as the compliance system for the Missouri Renewable Energy Standard (RES). The State of North Carolina has also designated NAR as an eligible registry for facilities located outside of North Carolina that seek to qualify for the North Carolina's Renewable Energy and Energy Efficiency Portfolio Standard. Recently, the Kansas Corporation Commission decided to use NAR to verify RECs purchased by Kansas utilities and cooperatives for compliance with the Kansas Renewable Portfolio Standard. With this addition, renewable energy facilities registered in NAR can now be tagged as eligible for Kansas, Illinois, Missouri and Puerto Rico if they have met the applicable requirements as a renewable facility. Furthermore, NAR is currently able to export certificates to NC RETS and accept imports of certificates from WREGIS, MIRECS, M-RETS and NC RETS.
North Carolina Renewable Energy Tracking System
The North Carolina Renewable Energy Tracking System (NC-RETS) launched on July 1, 2010. NC-RETS issues, tracks and enables trading of Renewable Energy Certificates and Energy Efficiency Certificates for the North Carolina Renewable Energy and Energy Efficiency Portfolio Standard (REPS). The NC-RETS system enables North Carolina utilities to track their compliance with the NC REPS. Currently certificates can be imported into NC RETS from the following registries: NAR, WREGIS and M-RETS. Account holders can also export NC RETS certificates to NAR.
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