TraceX: Simplified REC purchases to fast-track your net zero goals.
In this clean energy transition, Renewable Energy Credits (RECs) are essential instruments to accelerate your organization’s net zero journey. However, in today’s REC markets many organizations face the challenge of hidden transaction costs, limited REC traceability and provenance transparency and a lack of detailed REC attribute data when purchasing RECs through intermediaries. TraceX connects you directly with REC sellers, without need for a registry account – helping you save up to 50% costs, access to detailed REC data and enabling you to gain more control over your procurement strategies and end of year reporting.
How TraceX can support your sustainability goals?
Direct access to all REC attribute data
Gain access to enhanced REC data for all your REC purchases. Leverage this to make informed buying decisions (by location, age of facility or fuel source) and simplify your annual reporting using the retirement report that provides you with all REC attribute data for all RECs purchased on TraceX.
Save REC cost by up to 50%
Unlock 20-50% savings on direct REC sellers from energy generators and optimize your budgets for maximum sustainability impact.
No registry accounts needed
Purchase and retire RECs in the TraceX marketplace without a registry account. Get full transparency and detailed insights as TraceX manages your RECs for you.
Transparent REC pricing
Gain clear insights into REC costs. Know the true value of your REC purchases, supporting informed and impactful decisions.
CRS-listed RECs
Discover and purchase CRS-listed Renewable Energy Certificates (RECs) based on locationality and additionality to enhance your sustainability efforts.
User friendly interface
Intuitive and user friendly interface to check available RECs, including types, quantities, and prices.
Retire RECs in single click
Retire RECs with a single click and experience full transparency by instantly downloading your proof of retirement.
Want to know how TraceX can support your net-zero journey?
Frequently asked questions
What is TraceX?
TraceX is a marketplace for trading Renewable Energy Certificates (RECs), offering real-time price discovery, seamless payments, and a secure, verifiable blockchain based audit trail. TraceX is highly scalable to support thousands of transactions per second and ready for digital currency integration.
How can I join TraceX?
Joining TraceX is a fast and fully digital process. To get started, you’ll need your company registration information and a US bank account. If applicable, please also provide your M-RETS account details.
How do I purchase RECs on TraceX?
To purchase Renewable Energy Certificates (RECs) on TraceX, follow these simple steps:
- Select Your Attributes: Choose the specific attributes you need for your RECs.
- Place a Bid: Enter your bid for the desired RECs.
- Transaction Processing: Once your bid is matched with a seller, your payment will be processed.
- Receive Your RECs: The RECs will then be released to you, completing the purchase.
Is TraceX available 24/7?
Yes, TraceX is accessible 24/7, with order processing during US ET business hours.
