Streamline Renewable Energy Credit (REC) Management and Compliance
SoftSmiths provides an all-in-one solution for managing RECs, ensuring compliance, and optimizing renewable energy portfolios for market participants.
20%
Simplify REC management and reduce compliance risks by 20% with our automated tracking and reporting tools.""
Why SoftSmiths REC & Environmental Markets?
SoftSmiths provides comprehensive tools for managing Renewable Energy Credits (RECs) across various regulatory environments. Our platform automates the tracking of REC inventory, trades, retirements, and compliance reporting. Whether you're trading RECs, managing environmental market obligations, or ensuring regulatory compliance, SoftSmiths offers the flexibility and accuracy needed to navigate the growing renewable energy market with confidence.
Key Benefits
REC Inventory Management
Track and manage the full lifecycle of RECs, from acquisition to retirement.
Automated Compliance
Ensure compliance with regulatory standards through automated reporting and real-time alerts.
REC Trading
Execute REC trades seamlessly across multiple markets with integrated tracking and reporting.
Simplify REC Tracking and Trading
REC Inventory & Trade Management
SoftSmiths offers a robust platform for managing REC inventory, enabling market participants to track, trade, allocate, and retire RECs with ease. With our platform, you can efficiently monitor your REC positions across multiple markets, ensuring that you meet environmental goals and optimize your renewable energy strategies.
KEY FEATURES
Track the full lifecycle of RECs from issuance, acquisition, trading, to retirement.
View REC positions across multiple markets in real time.
Automate REC allocations for environmental goals or market compliance.
Ensure Compliance with Automated REC Reporting
Compliance & Regulatory Reporting
SoftSmiths simplifies compliance with renewable energy regulations by automating the reporting of REC transactions and retirements. Our platform generates detailed reports that align with regulatory requirements, ensuring that you're always prepared for audits and inspections. Real-time alerts notify you of upcoming compliance deadlines or changes in regulatory frameworks, helping you stay on top of your obligations.
KEY FEATURES
Automate compliance reporting for RECs and environmental credits
Generate detailed reports aligned with regional, state, and national regulatory standards
Receive real-time alerts for compliance deadlines and regulatory updates
USE CASE
Generate automated compliance reports for state and local regulatory bodies, including Public Utility Commissions and energy commissions, to meet Renewable Portfolio Standards, maintain transparency, and avoid penalties.
Maximize the Value of Your REC Trading Portfolio
REC Trading & Revenue Optimization
SoftSmiths integrates REC trading into its platform, allowing participants to execute trades in real-time and optimize revenue from renewable energy credits. Whether you're buying, selling, or retiring RECs, SoftSmiths makes it easy to manage transactions across multiple markets, giving you complete control over your renewable energy strategy.
KEY FEATURES
Execute REC trades across multiple markets and track financial performance.
Optimize the value of your REC portfolio with real-time market data.
Automate REC allocations for regulatory or voluntary compliance.
USE CASE
Easily execute REC trades while monitoring market trends to maximize the financial returns of your renewable energy assets.
Align Renewable Energy Credits with Your Sustainability Goals
Integrated Environmental Markets & Sustainability Goals
SoftSmiths allows market participants to align their REC activities with broader sustainability goals. Whether you’re a corporation aiming to reduce your carbon footprint or a generator seeking to optimize green energy production, our platform helps you track progress toward sustainability milestones and meet renewable energy commitments.
KEY FEATURES
Track progress toward corporate sustainability or regulatory targets.
Align REC acquisitions and retirements with voluntary or compliance-driven goals.
Simplify reporting for sustainability initiatives and environmental impact.
USE CASE
Track your company’s renewable energy commitments and see how your REC portfolio contributes to sustainability targets.
Monitor & Manage Credit Exposure
Managed REC Regulatory Maintenance
SoftSmiths offers managed REC regulatory services, ensuring that you stay compliant with evolving environmental regulations. Our expert team monitors changes in market requirements and keeps your REC reporting up-to-date, so you can focus on your core business while maintaining compliance.
KEY FEATURES
Managed services for REC reporting and regulatory compliance.
Monitor and adapt to evolving renewable energy regulations.
Minimize compliance risk with expert guidance on market requirements.
CASE STUDY
How SoftSmiths Helped a Leading Renewable Energy Developer Optimize REC Management and Compliance
A major renewable energy developer leveraged SoftSmiths' integrated Renewable Energy Credit (REC) platform to automate tracking and streamline compliance efforts. This automation reduced compliance risks and allowed the company to maximize revenue from REC trading, achieving 15% higher returns on renewable assets. The result was improved efficiency and accuracy across their REC management processes.
"The ability to track, manage, and report on our REC trades automatically has drastically reduced our manual processes and improved compliance."
– Risk Manager, Power Generation Company