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.