Green-e Program Contact: Lars Kvale: lars@resource-solutions.org 415-561-2110.
   

 

   
Green-e Press Release 2006
   

 


GREEN-E CERTIFIES ELEMENT MARKET’S RENEWABLE ENERGY CERTIFICATES

The Market Continues to Grow with another Green-e Certified Marketer

SAN FRANCISCO, CA (May 18, 2006)-- The Green-e Program of the Center for Resource Solutions announced today that Element Markets, LLC has been approved to transact Green-e® certified Renewable Energy Certificates (RECs).

Founded in 2004, Element Markets operates as an asset manager and works with clients that range from developers to utilities to end-use customers who need to understand REC markets. Element Markets helps them understand the market and achieve value for the RECs they have or procure the RECs they need. Element Markets offers solutions to businesses looking to mitigate the impacts of their business practices with emissions credits and renewable energy certificates. This ensures that environmental assets, liabilities, and trading strategies are managed at their optimum commercial level over a long-term basis.

"Element Markets helps companies reduce their environmental impact through participation in the voluntary market for renewable energy certificates," said Lars Kvale, Green-e Representative for Texas. "We are excited to welcome them into the program and look forward to their continued success in advancing the development of renewable energy in the United States."

Through participation in the Green-e program, Element Markets may source and package their RECs for Green-e certification. The agreement will enable Element Markets to offer Green-e certified renewable certificates on a national basis through their REC option, available to business customers who voluntarily want to reduce their environmental impact by purchasing RECs.

Eligible generators who transact through Element Markets will be able to sell their renewable certificates in the market as Green-e products, thereby enhancing the value of the certificates and expanding the markets available to them.

“We are glad to join Green-e,” said Randy Lack, Managing Partner for Element Markets, LLC. “We recognize that Green-e has been a leader in establishing standards in the REC industry. We feel that our ability to offer Green-e® certified RECs will add a tremendous amount of value for our clients.”


Green-e is the leading renewable energy certification and verification program in the U.S. The program provides independent, third party certification to ensure certified renewable energy meets strict environmental and consumer protection standards. Green-e’s verification protects customers from paying for renewable energy that is “double sold” to other customers or used simultaneously to meet regulatory mandates.

Through the display and recognition of the Green-e logo, the national symbol for renewable energy excellence, a growing number of consumers are able to easily identify high quality, certified renewable energy options, as well as everyday consumer products that are “Made with Certified Renewable Energy.”

Providers of Green-e certified renewable energy agree to abide by the Green-e Code of Conduct, and meet Green-e disclosure and truth-in-advertising requirements. All Green-e marketers undergo an annual verification audit to document that the company purchased or generated enough quantity and type of renewable energy to meet customer demand and marketing claims. Over 100 marketers and utilities throughout North America now offer Green-e certified renewable energy products. Collectively these suppliers sold 3.5 million MWh of Green-e certified renewable energy in 2004.

About Element Markets
Element Markets LLC was founded in 2004 by several partners with backgrounds as senior managers in sectors ranging from power and gas to emissions/renewable brokerage and grain trading. Their mission is to become the foremost authority in the arenas of emissions and renewable energy markets and technologies within the United States and to ensure that environmental assets, liabilities, and trading strategies are managed at their optimum commercial level over a long-term basis. Their clients range from municipalities to Fortune 100 companies. They provide companies with premium customized solutions to meet their emissions, renewable, or technology needs. More information is available on the web at: www.elementmarkets.com.


About Green-e and the Center for Resource Solutions
Launched in 1997, The Green-e Renewable Energy Certification Program is the leading voluntary certification and verification program that sets standards for renewable electricity-based products in three markets for renewable energy: restructured, regulated, and tradable renewable certificates. To learn more about certified renewable energy available throughout North America, visit: www.green-e.org, or call 1-888-63-GREEN. The Spring Edition of the Green-e News can be found here.

Green-e is a program of the Center for Resource Solutions (CRS), a national nonprofit organization that makes it easier for people and organizations to use renewable energy. CRS designs and operates national and international programs that support the increased supply and use of renewable energy resources such as wind, solar, biomass, geothermal and low-impact hydroelectric power. To learn more about CRS, visit: www.resource-solutions.org.

###

   
~ For more information about CRS, contact Sarah Krasley , CRS Communications & Marketing Coordinator~

To learn more about certified renewable energy available throughout the US, visit www.green-e.org, or call 888.63.GREEN.
Green-e is a program of the Center for Resource Solutions (CRS), a national nonprofit organization that makes it easier for people and organizations to use renewable energy.