Archive for the ‘Low Carbon Fuel Standard’ Category

CA LCFS Market Update – May 2020

Posted May 8th, 2020 by SRECTrade.

The first quarter of 2020 showcased both record high pricing and a COVID-19 slump in the California Low Carbon Fuel Standard (CA LCFS) market. Credit pricing remained strong throughout January and February 2020, with spot pricing sustaining levels over ~$200 per credit and some transactions executed above the previously implied ~$213 cap. In mid-March, LCFS credit pricing dropped nearly 20% from ~$210 to approximately $170 per credit due to the impact of COVID-19. The enclosed update provides highlights on news impacting the market, a recent price trend overview, and a closer look at the Q4 2019 credit and deficit report released by CARB at the end of April.

SRECTrade offers LCFS credit management and brokerage services to electric vehicle (EV) fleet operators, OEMs, EV charging station owners, and other clean fuel asset owners. We help our clients navigate the entire LCFS process including asset registration, ongoing reporting requirements, transacting, settlement, and remittance of funds. Our domain expertise in environmental commodity markets allows us to provide our clients with industry leading regulatory and market knowledge. Please reach out to cleanfuels@srectrade.com for more information.

Low Carbon Fuel Standard (LCFS) Program Overview Video

Posted March 5th, 2020 by SRECTrade.

At SRECTrade, we strive to make the Low Carbon Fuel Standard credit market straightforward and easy to understand. We focus on accelerating the adoption of clean fuels by providing services and technology that minimizes the time, cost, and risk associated with achieving the benefits from LCFS credits.

We are happy to announce that we have released an educational video on the Low Carbon Fuel Standard (LCFS) Market and how fleet operators can take advantage of its benefits.

To view the video, please click the image below.

CA LCFS Update – February 2020

Posted February 14th, 2020 by SRECTrade.

2020 is proving to be another record-breaking year in the California Low Carbon Fuel Standard (CA LCFS) market. Credit pricing remained strong throughout Q4 2019 and January 2020 with spot pricing sustaining levels over ~$200 per credit. Despite the cost containment provisions the California Air Resources Board (CARB) implemented in late 2019, the market recently has transacted above the implied ~$213 cap. The enclosed update provides highlights on news impacting the market, a recent price trend overview, and a closer look at the Q3 2019 credit and deficit report released by CARB at the end of January.

SRECTrade offers LCFS credit management and brokerage services to electric vehicle (EV) fleet operators, OEMs, EV charging station owners, and other clean fuel asset owners. We help our clients navigate the entire LCFS process including asset registration, ongoing reporting requirements, transacting, settlement, and remittance of funds. Our domain expertise in environmental commodity markets allows us to provide our clients with industry leading regulatory and market knowledge. Please reach out to cleanfuels@srectrade.com for more information.

CA LCFS Update – December 2019

Posted December 27th, 2019 by SRECTrade.

2019 has proven to be a dynamic year in the California Low Carbon Fuel Standard (CA LCFS) market. The beginning of the year brought the implementation of a new rule making followed by continued growth in a variety of low carbon fuels including Renewable Diesel, Ethanol, Electricity and others. Credit pricing remained strong throughout the year and in Q4 2019 spot pricing experienced sustained levels over ~$200 per credit. The enclosed update provides highlights on news impacting the market, a recent price trend overview, and a closer look at the Q2 2019 credit and deficit report by fuel type. Q3 2019 credit issuance is just around the corner and we look forward to continuing to work with market participants in the new year.

SRECTrade offers LCFS credit management and brokerage services to electric vehicle (EV) fleet operators, OEMs, EV charging station owners, and other clean fuel asset owners. We help our clients navigate the entire LCFS process including asset registration, ongoing reporting requirements, transacting, settlement, and remittance of funds. Our domain expertise in environmental commodity markets allows us to provide our clients with industry leading regulatory and market knowledge. Please reach out to cleanfuels@srectrade.com for more information.

SRECTrade to Present at Charge Expo Symposium in San Diego, CA

Posted September 27th, 2019 by SRECTrade.

On October 2, 2019, Steven Eisenberg, SRECTrade’s Chief Executive Officer, will be presenting during the “Fuel Management & Low Carbon Transportation Technologies” session at the Charge Expo Symposium in San Diego, CA. The session will take place from 10 AM – 12 PM.

Steven will speak about the benefits of the California Low Carbon Fuel Standard (CA LCFS), a market based program that encourages the adoption of low carbon intensive fuels and vehicles. SRECTrade works with participants across the LCFS market, providing credit portfolio management and transaction services to clean fuel fleet operators and other credit generators.

SRECTrade Sponsoring The 2019 Zero Emission Bus Conference

Posted September 18th, 2019 by SRECTrade.

From September 26th – 27th SRECTrade will be proudly sponsoring the Zero Emission Bus (ZEB) Conference in San Francisco, CA. The conference will center around electric bus knowledge and industry collaboration, as more cities, states and provinces turn toward zero-emission mobility as a key strategy in mitigating climate change. Join us this September in discussing real strategies for the world’s transit innovators and learn more about how to prepare for electrification at scale.

The Conference is hosted by the Center for Transportation and the Environment (CTE). Learn more about the event and register for it here.

SRECTrade works with participants across the California Low Carbon Fuel Standard (CA LCFS) market, providing credit portfolio management and transaction services to clean fuel fleet operators and other credit generators. For more information on our services contact us at cleanfuels@srectrade.com.

SRECTrade to Speak at REM 2019 on September 5th

Posted September 3rd, 2019 by SRECTrade.

SRECTrade’s CEO, Steven Eisenberg, will be speaking on a panel at the Renewable Energy Markets (REM) conference on Thursday, September 5th in San Diego, CA. The panel, Clean Transportation Policy: EVs, LCFS, RINs and More, will take place from 3:00 – 4:00 PM (PT).

As the transportation sector is the largest contributor of greenhouse gas emissions, policies and programs aimed at cleaning up this sector are becoming increasingly predominant. The Panelists will explain these programs in terms of their effectiveness and how they will interact with and affect other markets and sectors, in particular the voluntary renewable electricity market.

Speakers include:
William Murtha, Argus Media (Moderator)
Josh Bledsoe, Latham & Watkins, LLP
Steven Eisenberg, SRECTrade
Arpit Soni, California Air Resources Board (CARB)

A full conference agenda can be found here.

SRECTrade to Speak about CA LCFS Market at EV Event in Diamond Bar, CA

Posted August 21st, 2019 by SRECTrade.

On August 22, 2019, Steven Eisenberg, SRECTrade’s Chief Executive Officer, will be speaking at a Voice of the Customer Event hosted by CALSTART, a non-profit organization in the clean transportation industry. The event will focus on the application and deployment of Electric Class 5 Trucks and Yard Tractors. The meeting will take place at the South Coast Air Quality Management District office from 10:00 AM – 2:00 PM.

Steven will speak about the California Low Carbon Fuel Standard (LCFS), a market based program that encourages the adoption of low carbon intensive fuels and vehicles. SRECTrade works with participants across the LCFS market, providing credit portfolio management and transaction services to clean fuel fleet operators and other credit generators.

California LCFS Pricing Update: Pricing Ticks Back Up

Posted July 11th, 2019 by SRECTrade.

As per data released by the California Air Resources Board (CARB) on July 9th, the California Low Carbon Fuel Standard (LCFS) market saw a slight uptick in pricing this past week, increasing to a weighted average weekly price of $191.67. This is up $1.06 from last week’s average price of $190.61. The market saw a slight decrease in volume this past week with 319,948 credits transferred, down from last week’s volume of 401,628, but up from the last twelve month (LTM) weekly average of 243,170. Credit transfers continue to be high likely due to Q1 credit issuance and associated transfers.

Please click on the pricing chart below for a visualization of LTM trends.

Source: California Air Resources Board (CARB)

California LCFS Pricing Update: Bull Run Cools; Prices Remain above $190

Posted July 2nd, 2019 by SRECTrade.

As per data released by the California Air Resources Board (CARB) on July 2nd, the California Low Carbon Fuel Standard (LCFS) market saw a slight drop in pricing this past week, decreasing to a weighted average weekly price of $190.61. This is down $1.26 from last week’s average price of $191.87 and the first week we have seen a price decrease since early May. The market saw a significant increase in volume this past week with 401,628 credits transferred, up from last week’s volume of 39,827 and the last twelve month (LTM) weekly average of 239,704. This is likely due to Q1 credit issuance and associated transfers.

Please click on the pricing chart below for a visualization of LTM trends.

Source California Air Resources Board (CARB)