Packages
HiveRenewables by Molecule
Manage the Complete Lifecycle of Renewable Certificates and Obligations
Companies that trade renewable energy and certificates need an ETRM platform that handles the complexity and scale of their production-linked certificates and obligations. We believe that the changing energy landscape calls for a modern solution that adapts to your evolving portfolio.
Hive, Molecule’s add-on for renewables, is designed for companies trading renewable certificates and allowances, including Guarantees of Origin (GOs), RECs, RINs, and RGGIs.
Hive empowers you to manage the nuanced, full lifecycle of renewable instruments - including minting, eligibility, and optimization. You’ll gain access to specialized functionality and reporting built on our extensive experience working with companies trading renewables.
Hive makes it easy to:
- Manage the full lifecycle around credits and offsets - from estimate to retirement
- Manage your forecast, contracted, and delivered credits and offsets
- Automatically match and allocate physical certificates with the commodities that generated or consumed them
- Capture type-specific fields, such as eligibility, class, and expiry
- Track certificates down to the serial number level, helping you to accurately manage inventory and prevent double-counting
- Optimize renewable instrument trades based on your strategy, including obligations, cost of obligations, inventory of certificates and their vintages, expirations and costs, and cross-eligibility
- Access a comprehensive audit trail of all certificate proposals and linked demand retirements, ensuring transparency and regulatory compliance
- Access powerful custom reports, such as how credits offset carbon positions, the value of your inventory, allocation gaps, regulatory compliance, and more
Molecule has been at the forefront of the movement to renewables since 2016. From buying and selling carbon credits and offsets to modeling forecasts by facility - Molecule is designed for it.
Find out more
Read on for general information, or contact us for details. We'd love to hear from you.
How Molecule + Hive Supports Renewable Certificate Trades
Hive Implementation Options
As with any Molecule product, we provide a fixed-fee implementation, meaning you will know exactly what to budget to get your ETRM up and running.
Types of Organizations that can use Hive
- Independent power producers (IPPs)
- Carbon or renewables desks
- Hedge funds
- Hedge advisors