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appendixc.md

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Appendix C: Transfer Appendix

Export Transfer

M-RETS will work with Compatible Tracking Systems (CTSs) to ensure a credible and reliable method for exporting RECs to a CTS. Currently approved CTSs for exporting are:

  • Michigan Renewable Energy Certification System (MIRECS)
  • North American Renewables Registry (NAR)
  • North Carolina Renewable Energy Tracking System (NC-RETS)

The processes for export and import transfers are identical. Please see the import transfer process below for more information on how to complete a transfer with a CTS.

Import Transfers

M-RETS will work with a CTS to ensure a credible and reliable method for importing RECs from CTS. Currently approved CTSs for importing are:

  • Michigan Renewable Energy Certification System (MIRECS)
  • North American Renewables Registry (NAR)
  • North Carolina Renewable Energy Tracking System (NC-RETS)
  • Texas Renewable Energy Trading Program (ERCOT)

The following Import Process defines how Certificates are imported to M-RETS from Compatible Tracking Systems (CTS)

Process

  1. CTS Organization selects a batch of Certificates and initiates an export transfer in a CTS. As part of the export process the CTS Organization is asked to select from a drop-down menu which registry the Certificates should be transferred to what Organization.
  2. M-RETS will receive a notification that an import has been initiated. The CTS Administrator will provide an Import File to M-RETS with all applicable data as required by M-RETS.
  3. M-RETS confirms that the Generating Unit has previously been approved as an Import Generator in M-RETS. If yes, transaction will proceed. If no, M-RETS will complete the Import Generator Certification with the applicable Eligibility Flags verified using the information provided in the Import File.
  4. If M-RETS cannot validate the Import Generator meets the eligibility criteria for M-RETS, M-RETS informs the CTS Administrator of the unsuccessful transfer by email.
  5. If the transfer is approved, M-RETS will allow the applicable Certificates to be issued and delivered to the designated M-RETS Organization. The import serial number uses the standard M-RETS format with the CTS name inserted into the format, for example:

MIRECS-123-MI-01-2009-123-1 to 1