Solutions

Renewable thermal

Tracking and managing renewable thermal energy

In renewable energy markets, a Renewable Thermal Certificate (RTC) verifies the environmental attributes of generating and using one dekatherm of renewable thermal energy. M-RETS® issues RTCs for various fuel sources, including clean hydrogen, renewable natural gas (RNG/ Biomethane), Biogas, and Combined Heat and Power (CHP).

Using rigorously validated carbon intensity pathways and models, M-RETS allows users to tailor their RTC claims. Organizations can handpick carbon intensities that align precisely with their unique environmental goals, empowering them to make informed choices for a more sustainable future.

How it works

The M-RETS RTC System issues one Renewable Thermal Certificate (RTC) for every dekatherm (Dth) of renewable thermal generation. To substantiate renewable thermal energy claims, M-RETS defines a Renewable Thermal Certificate (RTC) as a “whole RTC” that includes all environmental attributes. An RTC can also include optional verified carbon intensity data and track full, partial or injection point carbon lifecycles.

M-RETS supports state utility commissions and provincial regulators to facilitate tracking of their programs including what qualifies as an eligible generation technology.

Aerial view showing a thermal digestor

RTC Tracking System Benefits

The RTC Tracking System is a web-based tracking platform that supports existing markets by providing:

  • A higher level of integrity through a verification and certification process for every dekatherm (Dth)
  • Increased market transparency for counter parties and regulators
  • Increased liquidity (both exchange-based and over-the-counter bilateral transactions)
  • (Optional) scientifically validated carbon values to facilitate GHG reduction claims

Generator registration

To register a generator, users must complete the following:

#1

Online generator registration form containing information related to the characteristics of the generating unit.

#2

If applicable: Schedule A from the M-RETS Terms of Use outlining the Generator Owner’s Designation of Responsible Party.

#3

Engineering Report, performed by a licensed PE. M-RETS may require additional documentation to verify the information submitted in the generator registration.

#4

Determine if the generator will use an independent reporting entity (IRE) or self report generation.