Request for Qualifications for Renewable Energy Credit and / or Environmental Commodities Broker
Connecticut Green Bank seeks brokers to market and monetize renewable energy credits from 46,000+ residential solar installations and carbon credits generated through EV charging activity over a three-year term. The role requires expertise in NEPOOL GIS registration, REC pricing dynamics, and voluntary carbon offset markets to support the bank's portfolio of Class I RECs and VCS-certified carbon credits. Brokers will develop marketing strategies spanning spot and forward pricing across multiple contract structures to maximize returns on environmental commodities.
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AI Overview
Connecticut Green Bank seeks qualified firms to serve as brokers for a term of up to three years to help market and sell environmental commodities including Renewable Energy Credits (RECs) and Carbon Credits generated by the Green Bank's projects and programs. The Green Bank generates RECs from over 46,000 residential solar installations through the Residential Solar Incentive Program (RSIP) and maintains a non-residential REC portfolio. Additionally, the Green Bank operates a carbon credits project under VCS methodology (VM00038) that mints credits from electric vehicle charging activity and expects to expand environmental infrastructure projects. Brokers will be responsible for marketing and monetizing portions of the Green Bank's REC and carbon credit portfolios on a regular basis. Successful contractors must demonstrate expertise in REC market dynamics, price discovery, carbon offset marketing, and have NEPOOL GIS registration for REC qualification. The scope includes strategies for marketing and selling commodities, understanding CT Class I REC market conditions, forward versus spot pricing analysis, contract length options (1 year, 3-5 years, 5+ years), and voluntary carbon offset market overview.
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