in News Departments > FYI
print the content item

Wisconsin, Minnesota, Iowa, South Dakota, North Dakota and the province of Manitoba have announced plans to implement the Midwest Renewable Tracking System (M-RETS), a regional renewable energy tracking system.

Four jurisdictions in the Upper Midwest, including Wisconsin, Minnesota, Iowa and Manitoba, currently have policies requiring or encouraging the development and use of renewable resources. 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, the Wisconsin Public Service Commission (PSC) says. In addition, M-RETS will promote trading credits with neighboring jurisdictions in the region to help meet policy requirements.

"This tracking system creates a market-based trading program for Wisconsin and our neighboring states," says Dan Ebert, PSC's chair. "This innovative project will keep the costs of renewable energy down and will encourage more renewable energy development - helping Wisconsin meet Governor Jim Doyle's challenge to provide 25 percent of the state's energy from renewables by the year 2025."

The PSC has signed a contract with APX Inc., a Santa Clara, Calif.-based technology provider for the renewable energy industry, to implement M-RETS. The length of the contract awarded to APX is for four years, and the system will become operational this summer, PSC adds. Several other states and provinces in the region are expected to join as the program progresses.


Trachte Inc._id1770
Latest Top Stories

Eagle Take Permits For Wind Farms - Will They Fly?

Now that the U.S. Fish and Wildlife Service has issued the first permit allowing the legal take of eagles, can wind developers expect more certainty in the agency's application process?


Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.


Mexico On Pace To Set New Renewables Investment Record

A new report says the country has spent $1.3 billion on clean energy in the first half of 2014 and could end up seeing a record year. Furthermore, wind power is slated for significant growth in the region.


IRS Issues More PTC Guidance, Easing Some Wind Industry Concerns

The Internal Revenue Service (IRS) addresses how much work is needed on a wind farm to satisfy production tax credit (PTC) eligibility.


Embryonic No More: U.S. Offshore Wind Industry Gaining Momentum

After a decade of fits and starts, the industry is moving closer to installing the first generation of wind projects off the country's shores.

Canwea_id1984
Renewable NRG_id1934
Tower Conference_id1965