Reduce your environmental impact through renewable energy procurement with Strive by STX The global push to decarbonize and tackle climate change has transformed the renewable energy market, with many businesses setting targets to reduce their emissions by procuring energy from renewable sources. That’s why M2030 works in partnership with Strive by STX, one of the largest environmental commodity traders in the world, and specialists in assisting global businesses to source clean, renewable energy certificates. |
Strive by STX are experts in analyzing your business’s consumption profile, identifying the best renewable asset portfolio available through your existing grid connection, and facilitating the purchase of certified, renewable energy.
What can Strive by STX do for me?
Speak with Strive by STX Understand your needs and how RECs support your sustainability goals. |
Assess energy use and goals Work with Strive by STX to decide how many Renewable Energy Certificates (RECs) you need and what type. |
Purchase and Verify RECS Procure your RECs with the support of Strive by STX. |
Report and Decarbonize Report your RECs to your Buyers to showcase your renewable energy commitment. |
Services Offered
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Biomethane Certificates are certificates confirming the production and injection of biomethane into the natural gas grid, often used to track and trade renewable or low-carbon gas. 1MW of biomethane, entitles the holder to retire and 'claim' 1MW of emissions free gas use against their Scope 1.
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Energy Attribute Certificates (EACs) are certificates that prove traceability and consumption of renewable Energy. One EAC represents 1 MWh of renewable energy production that will have been added to the relevant grid. EACs allow businesses to replace a MWH of emissions-causing electricity with a MWH of zero-emissions- causing electricity to reduce their Scope 2. These certificates receive a different name and use specific tracking systems in electricity markets worldwide.
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PPAs are a long-term contract under which a business agrees to purchase electricity directly from a third-party seller. This third-party seller will maintain, operate, and build a renewable energy system that can either be on-site (on the customer’s property) or off-site elsewhere. Physical PPA customers will receive physical delivery of electricity through the grid, regardless of if the energy system is on-site or off-site.
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Also known as Financial PPAs: a long-term contract where a consumer pays an agreed fixed price per MWh of renewable energy to a third-party generator through a contract of differences. The generator sells the energy to its local markets whilst the consumer receives renewable energy credits but maintains its existing standard electricity contracts with its existing suppliers. If the market price is lower than the agreed fixed price, the consumer will pay the generator any negative difference. If the market price exceeds the agreed fixed price, the generator will pay the consumer any difference.
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Relevant Reduction Actions
Webinars
All webinars are only available to users of the Manufacture 2030 platform.
'Towards a Low Carbon Future' | Strive by STX with M2030Strive by STX representatives take you through the different tradable environmental commodities they offer including, Energy Attribution Certificates (EACs), and Power Purchase Agreements (PPAs) and how they can help drive sustainable change for your business. |
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Navigating Supply Chain Decarbonization | Strive by STX with M2030This webinar covers Strive by STX’s approach to sustainable procurement and Scope 3 emissions, followed by a panel discussion on supply chain decarbonization. Key topics include the financial benefits of reducing carbon emissions and insights into M2030’s tools for tracking and managing emissions. |
Additional resources
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Case study: Decarbonizing through biomethane procurement |
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Further Questions?
You can find a list of FAQs by clicking the PDF file above. If you cannot find an answer to your question then please contact us here.
* This content has been provided for information purposes only and on the basis that you conduct your own risk analysis of products or services offered to you by partners. Manufacture 2030 is not soliciting any action based on it and it does not constitute advice. However, Manufacture 2030 may benefit from businesses working with partners through our network.