Environmental Product Specification

Product Code:

NRG-ENV-GLO-ALL

Description:

Our daily price data offers futures prices for the US Renewable and Carbon market and EU Biofuel benchmarks. End of Day (EOD) broker prices are based on expert assessment of daily activity in covered markets. Displayed prices do not represent currently actionable orders. Curve coverage is dependent on market activity, and levels of granularity may fluctuate based on changes in liquidity. Biofuel coverage is typically available for front months and quarters up to a year, while for US REC and Carbon curves typically span 1-9 calendar years or 4-5 halves.

Data Source:

TraditionData Data Packages are coming from Tradition’s market-leading global brokerage desks

Delivery Method:

• EOD snap delivered via SFTP.

Data Frequency:

The market data is extracted at the end of day of each region.

Data Format:

CSV file for EOD files.

• US Emissions : Tradition_EMISSIONSUS_YYYY_MM_DD.csv
• US Sustainability Renewables : Tradition_RenewableUS_YYYY_MM_DD.csv
• EU Biofuel - UK : Tradition_BiofuelUK_YYYY_MM_DD.csv

Data Coverage:

• Asset Class: Energy & Commodities
• Sub Class: Energy
• Total: 370 instruments
• Tenures: 108 month (9 year) tenure
• Desks: 10 brokerage desks

Americas - US Sustainability Renewables Data Coverage

Americas - US Emissions Data Coverage

EU Biofuel - UK Data Coverage

Tradition Data Packages:

Product Code	Product Name
NRG-ENV-AME-EMI	Americas - US Emissions
NRG-ENV-AME-SUS	Americas - US Sustainability - Renewables
NRG-ENV-EUR-BIO	EMEA - EU BioFuel UK

FAQ:

Question	Answer
How many snap files are available per day?	Only one EOD snap at 5PM local time of each region
What are the Key benefits of TraditionData Data package?	Leverage Tradition’s US Renewable leading market presence to value your portfolio. Keep up with US Carbon and REC Voluntary scheme by capitalising on Tradition’s historical presence in this marketplace. Asses Market Risk leveraging a reliable, independent and market driven pricing source.
What is Renewable Energy Credits (RECs) ?	Renewable Energy Credits (RECs) are tradable, non-tangible energy commodities that represent proof that 1 megawatt-hour (MWh) of electricity was generated from a renewable energy source and delivered to the electricity grid. A REC is created when a renewable energy source like solar, wind or hydroelectric generates 1 MWh of electricity and feeds it into the shared power grid system. RECs are essentially certificates that convey the "renewable" attributes of that 1 MWh of renewable electricity generation to the owner of the REC. By purchasing RECs along with regular electricity from the grid, consumers and businesses can claim they are using that amount of renewable energy, even though the electrons they actually receive are just mixed into the grid. Each REC has a unique identification number providing details like the renewable source, location and date it was generated. RECs can only be sold/claimed once. The EPA defines a REC as "a tradeable, market-based instrument that represents the legal property rights to the 'renewable-ness' or non-power attributes of renewable electricity generation." RECs allow separating the renewable energy attributes from the actual physical electricity for trading purposes. The owner of the RECs has exclusive rights to make claims about using that renewable energy. There are voluntary REC markets for environmentally-conscious buyers, as well as compliance markets where utilities must procure RECs to meet renewable energy mandates or portfolio standards.
What is carbon credits?	Carbon credits are permits or allowances that allow the holder to emit a certain amount of carbon dioxide or other greenhouse gases. A carbon credit represents 1 tonne of CO2 equivalent (CO2e) that an organization is permitted to emit under a "cap and trade" regulatory system. Carbon credits are created and allocated by governing bodies to companies within their jurisdiction. Carbon credits are measurable, verifiable emission reductions from certified climate action projects that reduce, avoid or remove greenhouse gas emissions. These projects must adhere to rigorous standards and third-party verification. Carbon credits exist only in jurisdictions or markets that have implemented a cap-and-trade system, where a cap or limit is set on total emissions and credits are issued accordingly. If a company reduces its emissions below its allocated credits, it can sell the surplus credits to another company that has exceeded its limit. This creates a market incentive for companies to reduce emissions. Carbon credits allow emissions to be treated as a traded commodity with a price attached. Companies must obtain enough credits to cover their emissions or face penalties. So in essence, carbon credits represent permissible emission levels allocated by regulators under cap-and-trade schemes. They can be traded between companies as a market-based mechanism to incentivize emission reductions.
What is the extent of environmental coverage provided by TFS Green brokerage company?	TFS Green is a leading brokerage company specializing in environmental and renewable energy markets in the Asia-Pacific region. Here are the key details about TFS Green: TFS Green is a subsidiary of Compagnie Financière Tradition, one of the world's largest interdealer brokers in financial and commodity products markets. It is based in Australia and operates as the region's most experienced specialist environmental markets brokering team. The company has over 30 years of combined experience in carbon and environmental markets. TFS Green provides brokering services for over-the-counter trading of Renewable Energy Certificates (RECs), Energy Efficiency Certificates, and Carbon Credits across domestic and international markets. It specializes in brokering all environmental certificate markets in Australia and the broader Asia-Pacific region. Utilizes an extensive network of clients including major electricity retailers, generators, solar installers, and energy efficiency experts to facilitate competitive pricing.
Is Historical Data Available?	Yes,Since 2019

---

This document and its contents are confidential. It is intended solely for the use of the individual or entity to which it is provided. Information contained herein is the property of Compagnie Financière Tradition S.A. or any of its subsidiaries and/or TraditionData (together “Tradition”). Unauthorised disclosure, copying or distribution of such information is strictly prohibited, and the information shall not be redistributed in any form to any third party, in each case without the prior consent of Tradition. Whilst every effort is made to ensure the accuracy of the information contained herein, no warranty, condition or guarantee is given by Tradition in respect of any information. Nothing herein constitutes investment advice or an offer, or solicitation of an offer, to buy or sell any financial product. To the maximum extent of the law, Tradition accepts no responsibility for any reliance placed on the contents of this document and accepts no liability for any direct, indirect or any other loss arising out of any use of the information contained in this document or any omission from it. It is not intended for distribution to, or use by any person or entity in any jurisdiction or country where such distribution or use would be contrary to any applicable law or regulation. Copyright © Tradition. TraditionData is a trade mark of Tradition. Commercial in Confidence. October 2024