Tag Archives: Sustainable energy

UK customers can invest in RECs with Green Energy Commodities

Green Energy CommoditiesThe trade in certificated environmental products has long been established in the US. It is less familiar to investors in the UK and Europe. Green Energy Commodities is a UK-based company that provides the opportunity for UK investors to explore the benefit of this growing market.

The Green Energy Commodities website is www.tradegec.com. This website provides information on the various products offered by Green Energy Commodities. Potential Green Energy Commodities investors and those with a general interest in the certificated environmental products market can view videos via the website which provide further information on how Renewable Energy Certificates and Certified Emissions Reductions operate in practice. Green Energy Commodities also enables potential investors to download brochures, which give further information regarding the products on offer. The Green Energy Commodities head office is in the City of London.

Green Energy Commodities has specific experience and expertise in the trade in Renewable Energy Certificates (RECs). This particular product arose as a consequence of the Kyoto Agreement of 1997. Under that Agreement, the world’s major industrial countries agreed to take concrete steps to reduce carbon emissions. Because the US Senate was unable to tie the hands of individual States, the US Federal Government was unable to formally ratify the Treaty. Nevertheless, the majority of US States put measures into place to control emissions within their jurisdictions. As part of this, restrictions were imposed requiring large polluting industries to ensure that a stipulated proportion of their power usage comes from green sources. RECs were introduced as a means of proving that a set amount of electricity has originated from a renewable source.

Each Renewable Energy Certificate demonstrates that one megawatt hour of electricity has been generated from a specific renewable source. The key feature as far as companies such as Green Energy Commodities are concerned is that RECs are transferrable and tradable. Green Energy Commodities trades specifically in the voluntary REC market. Green Energy Commodities recognises the importance of the fact that possession of an REC enables the owners to state that they have in fact purchased green energy. As Green Energy Commodities explains, these certificates are valuable because many companies – particularly those with a significant public profile – will from time to time be eager to portray a green image to their existing and potential customers. Companies that are known to have invested in RECs previously include Microsoft, McDonalds and Google.

Green Energy Commodities – Wind Farms are Contributing to Power Grids in UK

Renewable energy sources are becoming more important as the price of oil continues to fluctuate. Fossil fuels are short in supply or difficult to harvest, so the world needs to become more dependent on renewable energy sources. Wind farms are making a huge impact and are becoming a very smart investment and example for companies such as Green Energy Commodities.

Green Energy Commodities The London Array wind farm that was recently opened by the Prime Minister consists of 175 turbines in the Tames Estuary that will provide enough electricity for approximately 500,000 homes. Such a feat was not easily accomplished, but it is a huge step for the UK in proving that large scale renewable energy projects can be accepted and successfully completed. This energy scheme is a proud point for the entire West and is a project that James Hoile could use as an example of renewable energy that is capable of receiving certification for green energy cooperation.

The UK is proving that they have some of the best renewable energy resources in Europe. However, much work needs to still be done to develop the huge potential and create thousands of jobs. With exposure now being receive via the London Array, positive steps are being taken on this renewable energy front. The wind farm alone will reduce CO2 emissions by about 900,000 tonnes per year and that gives reason to celebrate and embrace renewable energy.

Joint projects between power and gas firms and wind farm developers need exposure such as the London Array is providing in order to promote the value of renewable energy. This success gives hope for a world free of burning coal and relying on oil for energy and propulsion. As the largest countries in the world continue to reduce emissions and pollutants, it is hoped that the smaller countries will follow their example.

Green Energy Commodities works to promote renewable energy and prove the worth of such energy sources. Helping fossil fuel dependant entities work in conjunction with renewable energy facilities is a major part of their work. They will also assist projects in become certified as emission reducing to help with funding and investment potential. The potential of all renewable energy projects is important, but emissions reduction is a focus of Green Energy. Wind turbines are proven to reduce emissions and future advances with wind turbine farms should be followed and promoted.