U.S. Gain first to provide RNG through new M-RETS RTC platform
In the United States (US), U.S. Gain, a leader in the development, procurement and distribution of renewable natural gas (RNG) for the transportation and energy markets has become the first to provide RNG for use in voluntary markets through the Midwest Renewable Energy Tracking System (M-RETS) Renewable Thermal Certificate (RTC) platform.
As a state-of-the-art web-based platform that validates environmental attributes of energy, the Minneapolis-based Midwest Renewable Energy Tracking System (M-RETS) is a leader in the environmental commodity tracking space and serves as a trusted centralized gateway to environmental markets and eliminating double-counting errors. M-RETS issues a unique, traceable digital certificate for every dekatherm (dth) (≈ 293 kWh) produced by a renewable thermal generator.
Types of renewable thermal technologies include RNG, hydrogen, ground source heat pumps, sewer/wastewater heat recovery, and many more existing and developing renewable thermal technologies. M-RETS registers projects in all states and provinces across North America.
Serves regulatory and voluntary markets
Providing a transparent way to validate renewable thermal claims, M-RETS users retire Renewable Thermal Certificates (RTCs) to comply with regulations or to serve the voluntary market. The voluntary market represents utilities, companies, and organizations that choose low-carbon products to mitigate greenhouse gas (GHG) emissions and improve environmental performance. Interest in renewables from the voluntary market continues to rise as more organizations begin tracking and reporting sustainability performance.
M-RETS is excited to announce the launch of the first thermal specific tracking system in North America, which will aid the growth of thermal compliance and voluntary markets. We are thrilled to work in collaboration with U.S. Gain to approve the first RTC generator and issue the first certificates on the new platform, said Ben Gerber, executive director for M-RETS.
RNG placed by U.S. Gain on the M-RETS RTC platform is intended for use by the voluntary market as a renewable thermal solution, specifically in heating, cooling and industrial process applications. Organizations incorporating RNG as a thermal solution can benefit from scope 1 and/or scope 2 emission savings, reducing their overall carbon footprint.
RNG provides an incredible opportunity for organizations with zero carbon sustainability strategies. The M-RETS RTC platform is an excellent tool for organizations to not only find RNG but also validate its environmental attributes. We’re excited to be a part of its development. As demand for RNG in the voluntary and transportation market continues to grow, we’ll be here with a steady supply of RNG, said Bryan Nudelbacher, director of business development for U.S. Gain.