GreenStream starts GoO Future trading at EEX

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GreenStream Network is approved for the Environmental Markets membership at the European Energy Exchange (EEX) and starts GoO (Guarantee of Origin) Future trading from February 2014 on. Michael Weber, Head of Intermediary Services at GreenStream, comments: “Exchange traded GoOs allow us to provide even more comprehensive services to our European clients. Our clients know us as a reliable trading counterparty and broker in the OTC market and will certainly value the additional exchange trading option.”

GreenStream Intermediary Services with offices in Helsinki and Berlin is a forerunner in the green certificates market and offers broker services and trading since 2001. In the last ten years, GreenStream has been voted “Best Broker and best Advisory firm for renewable energy certificates in Europe” (by the readers of the Environmental Finance magazine).

GoOs are certificates that prove that one MWh of electricity was produced using renewable energy sources. The overall European GoOs trading volume accounts to around 250 million certificates per year.

The Nordic region, in particular Norway and Finland, is the biggest exporter of GoOs while central European countries, in particular Germany, are the biggest importer of GoOs. In addition to GoOs, GreenStream is active in the carbon market and provides access to compliance and voluntary carbon credits.

Latest references

Opening China markets for Sarlin

GreenStream has opened China markets to many Finnish small and medium sized companies. One of the main technology partners at the moment is Sarlin.

Shangdong Guangjun Paper – annual energy savings up to 32 %

Annual savings:

Electricity saving: 1926.6 MWh
Water saving: 18495 m3
Steam saving: 2652 t
Standard coal: 1068 TCE
Emission reduction: 2766t CO2e

Energy Efficiency for Delong Steel

GreenStream’s project saved 15 % of the compressed air related electricity costs annually for Delong Steel’s Xingtai steel mill. The technology provider was Sarlin.