Solutions
24/7 HOURLY TRACKING
Greater Decarbonization through hourly tracking
Hourly data is key to unlocking the data that customers seek to help achieve their sustainability goals. As consumers expand their 24/7 carbon-free energy initiatives, greater access to data will allow organizations to make more informed decisions.
Integrating hourly data will help users ensure that each hour of their operations is matched to actual renewable energy produced at the same time. Hourly generation data is more accurate and reliable in accounting for renewable energy use when compared to annual matching.
An industry leader
M-RETS® began hourly REC tracking in 2019. In a first step toward establishing data-driven renewable energy markets, M-RETS worked with Google to complete the first hourly REC transaction in early 2021. Learn more about our development process for this achievement in “A Path to Supporting Data-Driven Renewable Energy Markets,” authored by M-RETS President and CEO Ben Gerber.
How it works
Is hourly tracking achievable across the U.S.?
M-RETS is pioneering the development of tracking granular, or hourly, RECs.
While M-RETS tracks across North America, some regions require market participants to only use their regional tracking system.
The Energy Tag Standard provides a pathway to track hourly data in those RTOs if existing regulations require registration in a tracking system that cannot implement hourly data tracking and hourly matching granular certificates.
Lastly, the U.S. Department of Energy could standardize and streamline API metering standards that would allow registries to pull data directly from generation sources.
Latest hourly tracking developments
Utilities have begun to offer their customers 24/7 renewable energy programs.
Madison Gas and Electric (MG&E) offers a Renewable Energy Rider 24/7 CFE tariff. MG&E ties certain Dane County consumption meters to a specific array on a 15-minute basis.