November 23, 2009

Michigan announces launch of REC tracking system

MICHIGAN – On October 30, the Michigan Public Service Commission announced that the state’s renewable energy certification system for Michigan’s renewable energy standard is up and running. The tracking system, called MIRECS, is a Web-based infrastructure that will create, track and enable trading of environmental credits. This is accomplished through a traceable digital certificate issued…

MICHIGAN – On October 30, the Michigan Public Service Commission announced that the state’s renewable energy certification system for Michigan’s renewable energy standard is up and running. The tracking system, called MIRECS, is a Web-based infrastructure that will create, track and enable trading of environmental credits. This is accomplished through a traceable digital certificate issued for every megawatt-hour of qualifying energy generated by facilities registered with MIRECS or imported into MIRECS.

Public Act 295 of 2008 required the MPSC to establish both a renewable energy credit certification and tracking program. More information is available on the MIRECS Web site:  mirecs.org.