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Press CenterMidwest Renewable Energy Tracking System (M-RETS) Commences OperationsAPX Launches Two US Environmental Market Systems Within One Week of Each Other Santa Clara, CA - August 7, 2007 - APX, Inc., the leading infrastructure provider for North American environmental and energy markets, is pleased to announce that the Midwest Renewable Energy Tracking System (M-RETS) commenced operations on July 2, one week after the Western Renewable Energy Generation Information System (WREGIS) commenced operations. Both regional implementations were delivered by APX on time, as promised. Registration is open now for power generators, utilities, marketers and qualified reporting entities wishing to participate in the M-RETS market, subject to verification and approval of the M-RETS administrator. The geographic scope of the environmental market served by M-RETS includes Wisconsin, Minnesota, Iowa, South Dakota, North Dakota, and the province of Manitoba. Several other states and provinces in the region are also expected to join the program. For more information on the program visit www.mrets.org. The first Renewable Energy Certificates (RECs) under M-RETS will be issued October 15, 2007. A web-based hosted system, APX technology creates and tracks a unique, traceable digital certificate for every MWh of renewable energy generated by generating units registered with M-RETS or imported into M-RETS. Retail electric suppliers use the system’s certificates to report compliance with regulatory requirements set by the states and provinces, including power purchases to meet Renewable Portfolio Standards (RPS), Renewable Energy Standards, or voluntary renewable energy program requirements. The system also records ownership and facilitates transfers of the certificates to support the effective operation and integrity of renewable energy and environmental markets. The purpose of M-RETS is to support and stimulate a regional trading market and to help participants meet their renewable energy standards and objectives. M-RETS will ensure that goals are achieved in establishing a more balanced energy portfolio for the region. Like many market-oriented systems, renewable energy credit tracking and trading helps keep costs of developing renewable energy down and encourages renewable energy generation. It will also provide the states an ability to further reduce their reliance on fossil fuels and will help reduce greenhouse gas emissions. About APX, Inc. Contact:
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