CerQlar is a trade management software platform that automates the workflow for Energy Attribute Certificates (EACs) by normalizing data across various registries into a single, standardized format. This solution enhances operational efficiency and reduces risk for renewable energy producers, resellers, and traders by streamlining the management of their EAC portfolios.
Funding
Funding not disclosed
Founders
Product
Problem
The renewable energy market faces challenges in managing Energy Attribute Certificates (EACs) due to inconsistent data formats across various registries. This lack of standardization leads to operational inefficiencies and increased risk for renewable energy producers, resellers, and traders. Manual post-trade processes further exacerbate these issues, creating complexity and potential for errors.
Solution
CerQlar offers a trade management Software-as-a-Service (SaaS) platform that normalizes EAC data from different registries into a single, standardized format. This unified interface streamlines the management of EAC portfolios, enabling users to efficiently buy, sell, and trade certificates. By automating workflows and providing a single source of truth, CerQlar reduces operational risk and empowers businesses to make data-driven decisions. The platform facilitates connectivity to both registry APIs and offline registries, ensuring comprehensive data integration.
Target Audience
CerQlar primarily targets renewable energy producers, resellers, and traders involved in buying, selling, or trading Energy Attribute Certificates (EACs).
Features
- Normalizes EAC data from various registries into a uniform format
- Provides a single interface for managing EAC portfolios
- Automates workflows for Guarantees of Origin (GOs)
- Offers seamless integration with existing Energy Trading and Risk Management (ETRM) systems
- Connects to both registry APIs and offline registries
- Enables strategic decision-making through a comprehensive view of EAC data