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M-RETS Completes First Hourly Renewable Energy Certificate Transaction

What to know about the first hourly Renewable Energy Certificate (REC) transaction by M-RETS and Google.

  • M-RETS, a Minneapolis-based renewable energy and technology company, and Google completed the first hourly REC transaction in January 2021
  • The hour REC transaction means the company, “matched its energy use on an hourly basis to real renewable sources without reliance on carbon emitting sources”
  • M-RETS says this type of precise tracking of energy production and consumption is key to reducing carbon reliance
  • The company also released a new white paper on data-driven energy markets

For more information on the REC transaction and M-RETS, check out the quick information video below.

Alex Skjong
Alex oversees the content produced for BETA, Twin Cities Startup Week, and When he’s not writing or editing, there’s a good chance he’s enjoying a refreshing brew and explaining the merits of heavy metal (of which there are many).