GreenTrax offers a digital platform for electromobility companies to monetize their THG-Quoten and streamlines green hydrogen certification with its Hydromize software. This enables businesses to navigate complex regulations, access subsidies, and generate revenue from their sustainability efforts.
Funding
Funding not disclosed
Founders
Product
Problem
Companies involved in electromobility and green hydrogen production face complex regulatory landscapes and require efficient mechanisms to monetize their sustainability efforts. Navigating the intricacies of the German Greenhouse Gas Reduction Quota (THG-Quote) and the certification processes for Renewable Fuels of Non-Biological Origin (RFNBOs) can be time-consuming and resource-intensive. This complexity can hinder the scaling of low-emission mobility solutions and the broader adoption of green hydrogen.
Solution
GreenTrax provides a comprehensive platform for businesses to manage their THG-Quote trading and green hydrogen certification. For electromobility, GreenTrax facilitates the monetization of THG-Quoten for companies operating public charging stations, electric vehicle fleets, and those involved in the production or distribution of green hydrogen. Their proprietary Hydromize software streamlines the complex certification process for green hydrogen and RFNBOs, ensuring compliance with EU and national regulations. This enables clients to access government subsidies, participate in global tenders, and generate additional revenue streams from their sustainability initiatives. By leveraging GreenTrax's expertise and technology, companies can optimize their financial returns while contributing to the expansion of low-emission mobility and the green hydrogen economy.
Target Audience
The primary target audience includes companies operating public charging infrastructure, managing electric vehicle fleets, and those involved in the production or distribution of green hydrogen and RFNBOs.
Features
- Digital platform for THG-Quote trading for businesses, including electric vehicle fleets and charging infrastructure operators.
- Hydromize software solution for streamlining RFNBO and green hydrogen certification processes.
- Automated calculation of CO2 intensity for green hydrogen production, compliant with EU regulations (EU 2023/1184, 37. BImSchV).
- Support for Proof of Sustainability (PoS) certificate creation and management for RFNBOs.
- Facilitation of THG-Quote revenue generation for green hydrogen sold through H2 refueling stations.
- Expertise in navigating regulatory frameworks such as the 38. BImSchV and RED III directives.
- Advisory services for optimizing Power Purchase Agreements (PPAs) related to green hydrogen production.
- Integration capabilities with relevant registries, such as the German Federal Environmental Agency (UBA) register.
- Historical data and market analysis for THG-Quoten prices to inform trading strategies.