Environmental

During the last two decades, evolving regional environmental policies have shaped new markets and created new segments for sustainable products and services. These markets span across renewable energy, carbon, renewable fuels and pollutants like sulfur dioxide and nitrogen oxide. Renewable energy generation is increasing across geographies and is attracting an increasing number of diverse market participants, expanding green finance and creating new trading opportunities. The physically-settled environmental contracts offered on Nodal Exchange allow participants to fulfill regulatory compliance obligations while also benefiting from advanced risk management solutions and improved operational efficiency during the delivery process.

Nodal Exchange, in cooperation with IncubEx and Net Zero Markets, aims to develop and offer products and services that best meet the growing and evolving needs of the North American environmental markets.

Physically-deliverable Futures and, in some cases also Options, are available for:

  • Carbon Emission Credits
    • Alberta TIER Emission Performance Credit
  • Carbon Emission Allowances
    • Compliance
        • California Carbon Allowances
        • RGGI Carbon Allowances
        • Washington Carbon Allowances
        • California Carbon Allowances Current Auction Clearing Price
        • California Carbon Allowances Advance Auction Clearing Price
        • RGGI Carbon Allowances Auction Clearing Price
        • Washington Carbon Allowances Auction Clearing Price
  • Carbon Emission Offsets
    • Compliance
        • California Carbon Offset 0 (Western Climate Initiative)
        • California Carbon Offset 8 (Western Climate Initiative)
        • California Carbon Offset 0 with Direct
          Environmental Benefits (Western Climate
          Initiative)
    •  Voluntary
      • Carbon Removal
      • Certified Emission Reduction (CER) 2013+
      • Certified Emission Reduction (CER) 2016+
      • Certified Emission Reduction (CER) Commitment Period 2
      • Global Emission Reduction (GER)
      • Verified Emission Reduction (VER) – CORSIA-Eligible
      • Verified Emission Reduction (VER) – Nature-Based
  • Renewable Energy Certificates
    • PJM
      • PJM Tri-Qual RECs
      • PJM Quad-Qual RECs
      • DC RECs
      • DC Solar RECs
      • Maryland Tier 1 RECs (also as a bankable contract)
      • Maryland Tier 2 RECs
      • Maryland Solar RECs
      • New Jersey Solar RECs
      • New Jersey Class 1 RECs (also as a bankable contract)
      • New Jersey Class 2 RECs
      • Ohio Solar RECs
      • Ohio Non-Solar RECs
      • Pennsylvania AEC Tier 1 (also as a bankable contract)
      • Pennsylvania AEC Tier 2
      • Pennsylvania Solar AEC
      • Virginia RECs
    • NEPOOL
      • NEPOOL Dual-Qualified RECs
      • NEPOOL Quad-Qualified RECs
      • Connecticut Class 1 RECs
      • Connecticut Class 2 RECs
      • Connecticut Class 3 RECs
      • Maine Class 1 RECs
      • Maine Class 1A RECs
      • Maine Class 2 RECs
      • Massachusetts Class 1 RECs
      • Massachusetts Class 2 RECs
      • Massachusetts CES-E
      • Massachusetts Class 2 WTE
      • Massachusetts Solar RECs
      • Massachusetts Solar II RECs
      • Massachusetts AEC
      • New Hampshire Class 1 RECs
      • New Hampshire Class 3 RECs
      • Rhode Island New RECs
    • NYISO
      • New York Tier 1 RECs
    • Electric Reliability Council of Texas (“ERCOT”)
      • Texas RECs from CRS Listed Facilities Front Half
      • Texas RECs from CRS Listed Facilities Back Half
      • ERCOT RECs from CRS-Listed Wind Energy Facilities Reporting Year
      • Texas Compliance Solar RECs from CRS Listed Facilities Front Half
      • Texas Compliance Solar RECs from CRS Listed Facilities Back Half
      • ERCOT Registered Wind RECs
    • Midwest Renewable Energy Tracking System (“M-RETS”)
      • M-RETS RECs from CRS Listed Wind Facilities Front Half
      • M-RETS RECs from CRS Listed Wind Facilities Back Half
      • M-RETS RECs from CRS-Listed Canadian Sited Wind Energy Facilities
        Front Half
      • M-RETS RECs from CRS-Listed Canadian Sited Wind Energy Facilities
        Back Half
      • M-RETS RECs from Wind Energy Facilities
    • North American Renewables Registry™ (“NAR”)
      • NAR Registered RECs from CRS Listed Wind Energy Facilities Front Half
      • NAR Registered RECs from CRS Listed Wind Energy Facilities Back Half
      • NAR Registered RECs from CRS Listed Solar Energy Facilities Front Half
      • NAR Registered RECs from CRS Listed Solar Energy Facilities Back Half
      • NAR Registered RECs from Wind Energy Facilities
    • Western Renewable Energy Generation Information System (“WREGIS”)
      • California Book and Claim RECs
      • California Portfolio Content Category (PCC) 3 RECs
      • WREGIS RECs from CRS Listed Wind Energy Facilities Front Half
      • WREGIS RECs from CRS Listed Wind Energy Facilities Back Half
    • National (“ERCOT”, “M-RETS”, “NAR” or “WREGIS”)
      • National RECs from CRS Listed Wind Energy Facilities Front Half
      • National RECs from CRS Listed Wind Energy Facilities Back Half
  • Renewable Fuel Credits
    • California Low Carbon Fuel Standard (LCFS)
    • Oregon Clean Fuels Program
    • Washington Clean Fuels Program
    • Renewable Identification Numbers (RINs)
      • D3- Cellulosic biofuel
      • D4- Biomass-based diesel
      • D5- Advanced biofuel
      • D6- Renewable biofuel
    • Renewable Natural Gas Certificates
  • Other Emission Allowances
    • CSAPR NOx Allowances
      • CSAPR NOx Ozone Season Group 2 Allowances
      • CSAPR NOx Ozone Season Group 3 Allowances

All Nodal Exchange Contract Specifications & Resources