NEWS.grexel Archive


CMO.grexel selected as the Danish Biogas Registry

June, 2016
Energinet.dk, the certificate scheme operator, has decided to adopt Grexel's solution for certificate management.
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Grexel cuts emissions by 36% in 2015

March, 2016
In 2015, business done by Grexel induced 19,75 tonnes of CO₂, a significant decrease when compared to previous years. 
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Grexel will supply Serbian GO registry

March, 2016
We are pleased to announce that the Transmission System and Market Operator of Serbia, Elektromreža Srbije (EMS), has selected us as their registry provider for Guarantees of Origin. The registry will be implemented during the first half of this year and will be made EECS compatible.
Stay tuned for more news on #SerbiaGO!


Ex-domain cancellations reports available quarterly in CMO.grexel

February, 2016
Following a decision by the Association of Issuing Bodies (AIB), Members are required to publish quarterly information of ex-domain cancellations.
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ISO/IEC 27001

January, 2016
Grexel is now certified with ISO27001 Information Security Management Standard! It was a lot of hard work but worth it!
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Czech and Portuguese registries were disconnected from the AIB HUB

January, 2016
OTE (the Issuing Body from Czech Republic) has been disconnected from the HUB following a decision by the AIB General Meeting on 4th of December 2015. The Czech registry remains a member of the AIB, but is no longer allowed to transact EECS-GOs.
The Issuing Body from Portugal, REN, has also lost its connection to the HUB. REN is no longer the Portuguese competent body for guarantees of origin: this role has been inherited by the Directorate-General for Energy and Geology and the AIB Secretariat has already made contact with DGEG to discuss membership.
The year started with two dropouts, but 2016 seems to be a promising year for the HUB. According to the AIB, Energimyndigheten of Sweden, CNMC of Spain, LAGIE of Greece, Ofgem of UK and EMS of Serbia might become AIB members this year. Also, the Ministry of Energy and Natural Resources from Turkey became a new active observer in September 2015.
AIB Press Release »


Grexel is responsible for calculating the European Residual Mixes for AIB

October, 2015
Grexel is responsible for calculating the European Attribute Mix and Residual Mixes for Europe on behalf of the Association of Issuing Bodies (AIB). These mixes are used by Energy Authorities and Grid Operators of several countries to ensure reliable electricity disclosure.
Why is a reliable Residual Mix calculation so crucial?
Read More »


API arrives to CMO.grexel!

September, 2015
Grexel® is pleased to announce that it has developed an API functionality to CMO.grexel. 
API (Application Programming Interface) is an HTTP service that allows users to feed information into and retrieve information from the registry without using the system's web interface. This gives the user more power: you can now connect or integrate multiple functionalities together to create a more customized and powerful solution.


Say hello to GECCO™

September, 2015
Grexel’s Environmental Commodity Clearing Office, GECCO™, is now open and running in CMO.grexel.
GECCO is a banking service that streamlines the management of environmental assets. It enables account holders to keep and transact several kind of commodities, certificates, credits and allowances in a single system that is secure, easy to use, and affordable.
Read More »


How to secure your CMO.grexel account 

September, 2015
The security of our registries is a top priority to us. With global cybercrime incidents on the rise, it is extremely important that our registry users are well informed and take all the necessary steps to keep their accounts safe. 
Follow these tips to keep your computer and identity safe »


Viewing Meter Readings in CMO.grexel gets easier

September, 2015
Grexel listened to customers’ requests and improved the Meter Reading report in CMO.grexel. Up to now, users could only see meter readings of one Production Device (PD) at a time. This meant that a lot of time was spend to gather information on PD’s meter readings. With the new View Meter Readings report, users can search for meter readings that belong to different PDs and that correspond to different search criteria specified by the user. The meter readings of one or more PDs are summarized in a nice looking report that can be easily exported to excel and PDF. The View Meter Reading Report can be found under Plants menu. Don’t forget to take a look at the user role table in the user manual to make sure that your user role has access to this new functionality.


Call for Economic Sustainability – European Renewable Energy Support Schemes and the Market

September, 2015
Europe, along with the rest of the world, is struggling towards a low-carbon society, where competitiveness, security of supply and sustainability are key priorities to provide a stable environment for decades to come. In the arena of renewable energy, Europe will soon reach its 2020 targets. Such achievement has mainly been due to national support mechanisms helping emerging clean technologies compete with conventional production units. 

Despite of its great accomplishments, the support schemes, lacking a common framework, have formed a very heterogeneous set of energy policies that are tightly constrained by national borders. (...) This article highlights changes in the energy field seen in the last years and suggests that a revision of the current state of support mechanisms for renewable energy should be put in motion.
Read Article»


Guarantees of Origin market and its expanding frontiers

September, 2015
More Issuing Bodies are expected to join the GO market in the near future: Swedish Energy Agency, the Spanish electricity regulator and the Greek TSO. Other possible newcomers are EMS from Serbia and Ofgem from the UK.
Read More »


Residual Mix Calculation at the Heart of Reliable Electricity Disclosure in Europe - A Case Study on the Effect of the RE-DISS Project

May, 2015 
Grexel’s CEO, Marko Lehtovaara, and Grexel's Director, Markus Klimscheffskij, together with other authors, co-wrote an article discussing the effect of proper residual mix calculation for the reliability of electricity disclosure information in Europe.
Read Article »


Grexel will provide an EECS compatible GO registry for Ireland

January, 2015
The Irish Transmission System Operator Eirgrid has appointed Grexel as their new GO registry provider.  The local responsible body for issuing Guarantees of Origin is the Single Electricity Market Operator (SEMO) that is part of the EirGrid Group.
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GECCO – Grexel Environmental Commodity Clearing Office 

January, 2015
In Q1 2015 Grexel will launch a banking service for environmental commodities. In practice, it means that account holders can deposit, withdraw, trade and retire different kinds of tradable environmental products in the same registry. Environmental products include various kinds of certificates, allowances, green credits and tags according to each commodity scheme’s specific rules.
Grexel Environmental Commodity Clearing Office registry, GECCO, will provide a common, secure and affordable space for Issuing Bodies, Account Holders and scheme authorities to manage their environmental assets. Today, tradable environmental instruments are deposited and managed in different registries. The new service will enable account holders to eventually keep and transact them in one common system and will provide the external connections to other registries when needed. For that to happen, Grexel seeks to agree with the relevant issuing bodies and Scheme authorities regarding holding of the commodities in GECCO.
Read more »


Green Electricity Demand among Households - Self-image and Social patterns

January, 2015
Green electricity consumption induced by improved information on electricity sources appears as an additional alternative to renewable energy support policies in practice today. It is believed that a shift of the demand towards green sources can stimulate renewable generation and have a positive impact on the environment. However, this voluntary initiative will only work if green electricity is perceived worth paying a premium for. Thus, this article tries to recognize what motivates consumers to select a green electricity product.
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EECS activity in Grexel's registries in 2014

January, 2015
More than 200 million certificates were issued in Grexel's registries during this past year, an increase of 4% compared to 2013 (193 TWh). This means that, during 2014, the majority of all EECS certificates issued came from Grexel's registries according to our estimates.
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How to view certificates in your CMO.grexel account

January, 2015
This might sound as the most trivial of questions for CMO.grexel users. However, when dealing with a high volume of certificates in a single account, searching for all certificates and viewing all available bundles can be mistaken as an annoying task. Well, it doesn’t need to be like that.

In Search Certificates menu, users have the two options to execute the search. They can either simply fill the search criteria and click “search”, or they can select Show as Reportcheck box on the search page and then click “search”. This functionality will bring your search results in a tidy report form, i.e., your certificates (no matter if we are talking about 10 or 10 thousand bundles) will be organized in a grid view and ready to export to excel and pdf. Also, with Show as Report search, results can be viewed by bundle, by PD or by account.


Estonia became a member of the AIB

January, 2015
During last summer, the Estonian disclosure legislation has been approved, granting the Estonian transmission system operator, Elering AS, a full member status in AIB. They are now connected to the AIB Hub and can import and export GOs (Source: AIB).


Choosing a user role in CMO.grexel

August, 2014
With so many options available, it is not difficult to get confused. Here we tell a bit about the user roles in the system, so you can improve your experience when using CMO.grexel.
There are currently 10 different roles for IB users, and another 7 for AH users. Yes, it is large amount to pick from. However, with this variety of roles, and the given hierarchy between them, it is easier to assign different responsibilities to users by letting them only access and/or edit the sections relevant to them. This enables your organization to get the most out of the CMO.grexel application.
Read more »


CMO.grexel updates

August, 2014
CMO.grexel was updated during mid-July. In addition to bug fixes and stability improvements, the new version includes additional user-friendly improvements.
Users might find the new “Transfer All” option useful when choosing the certificate amount to participate in a given transaction. Another helpful update is that while selecting certificates to transfer, the oldest ones will be selected first if no other criteria is given by the user. This can prevent you from ending up with about-to-expire certificates in your account. Under the EECS-GO menu, one may notice that grid views, like “Select Certificates by Bundle”, got wider to avoid unnecessary scrolling and to support more data than before.
Under User details, it is easier for CMO.grexel users to find out when their client certificate is about to expire and reset the certificate before the due date so they can continue to login to the system. Pin codes were also made clearer by including only capital letters, thus avoiding confusion between similar looking characters.
For a complete list of updates please refer to CMO.grexel’s private announcements. The User Manual also has a new version, don’t miss it under the Support menu.


Czech Republic is now conected to the HUB

August, 2014
The Czech Issuing Body OTE (Czech Market Operator), has been a member of AIB since November 2013, and their registry for Guarantees of Origin is now connected to the AIB Hub.
The Hub connection allows GOs from other Hub members to be imported to the Czech registry. However, exports from the Czech registry are still not allowed, due to the absence of adequate electricity disclosure legislation.


Proud Microsoft Silver Data Platform Partner

May, 2014
Grexel Certification Framework (GCF) passed Microsoft Platform Ready test for SQL Server 2012, and it is listed as a certified product in Microsoft Pinpoint.
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New CMO.grexel Unleashed Soon

January, 2014
A new version of CMO.grexel will be available any minute now. What will be different? Actually a lot. Besides of being faster and more secure, there are a bunch of new and changed features, most important ones summarized in this article.
Read more »


Greener Grexel

January, 2014
Being an environmentally aware company, Grexel has decided to disclose and compensate its own carbon footprint.
In order to calculate our emissions, we use the Greenhouse Gas Protocol (GHG Protocol), the most widely recognized tool for government and business leaders to understand, quantify, and manage their greenhouse gas emissions.
Read more »


UK's Registry for Biomethane

January, 2014
Grexel agreed to power the central registry system for the new Biomethane Certification Scheme (BMCS) in the UK. BMCS enables the biomethane producers to certify their production and to sell the “green” value of the gas. BMCS is an independent certification scheme run by Green Gas Trading Limited.
Read more »


GO Market - Country Updates

January, 2014
Czech Republic is the newest member of AIB. The local registry, EZP system, operated by OTE (electricity and gas market operator in the country) went live on October 2013. At this first stage, only imports of Guarantees of Origin to the Czech domain are allowed.
New registry in Italy, GSE,is now connected to the AIB HUB.
From 1st of January 2014 on, Öko-institut is no longer the Issuing Body in Germany. The government agency UBA, under the ministry of environment, now takes this challenge. This means also that German EECS account are no longer hosted in CMO.grexel.


The Birth of the Emperor: Hail Cesar!

June, 2013
Grexel is proud to announce that the new Swedish registry, Cesar, was launched on the 29th of April. The new system includes management of both Support Certificates (Elcertificates) and Guarantees of Origin in Sweden, that before were handled by two different systems. The older one of which just turned 10 years old.
Having one single register to deal with both certificates types not only facilitates the activities of users but also the management of the system, enabling Grexel to provide even better services to our Swedish customers. Cesar was specially customized according to the customer requirements of the Swedish issuing body, Svenska Kraftnät.
The development of the system was “… a hard but rewarding experience”, says Juri Kirillov, the project manager. He says that there’s still hard work ahead of the Cesar-team as the next release with new features is scheduled to be launched before the end of the year. Besides having already existing features such as handling of Norwegian and Swedish elcertificates and enabling export of EECS eligible Swedish GOs to other domains (now, also for combustion devices– more on it on the next news), the new registry will also introduce some new functionalities such as Invoicing, Quota Obligation management and Revenues Report.


Swedish EECS-GOs for Combustible Devices

June, 2013
The new Swedish registry, Cesar, also introduces EECS-GOs issuing for combustible devices using any energy source. Before the new registry, these devices were entitled only for national GOs and were tradable only in Sweden.
Read more »


How to Perform Electricity Disclosure by the book - step by step

June, 2013
At the beginning of each year electricity suppliers are faced with a common set of problems…How do I close my electricity product portfolio for last year properly? What do I disclose to those consumers not purchasing a specific electricity product? What is the total energy mix of my electricity sales? If these sound like questions you are struggling with, you might want to read this article carefully!


New Domain Protocols

January, 2013
Easier PD Registration, Nuclear Certificates and More »


RE-DISS is Dead. Long Live RE-DISS II

January, 2013
The Reliable Electricity Disclosure Systems for Europe project, RE-DISS, has been concluded after good 30 months of hard work to establish harmonized guidelines for electricity disclosure in Europe. During the lifetime of the project, implicit double counting of renewable energy attributes decreased by estimated 70 TWh (from initial 100 TWh). The result can be explained by increased implementation of the common European residual mix calculation and by numerous European countries making the decision to set GOs as the only allowed tracking instrument.
Grexel was one of the partners in RE-DISS with the main task of further developing the residual mix calculation method, calculating residual mixes for 2010 and 2011 and offering bilateral support for competent authorities in residual mix calculation. Grexel also had a significant role in the development of RE-DISS Best Practice Recommendations and in quantifying the impact assessment of RE-DISS. And now Grexel takes the main role in writing a scientific article about the impact of RE-DISS in helping countries to improve implicit disclosure (i.e. residual mix) practices.
RE-DISS has applied for a continuation project: RE-DISS II, which has been approved for the negotiation phase by the Intelligent Energy Europe Program and will most likely start between March and April of 2013.


Country Updates - Harmonization and Trade Bans

January, 2013
Sweden changed their GO expiration rules for 12 months after the end of the production period. Before, the GOs in the domain expired 12 months after the start of the production period. The energy market inspectorate decided to change the rules in Sweden in order to match the situation in other countries and to match the recommendations by RE-DISS. The effect of this will in most cases be that the GOs have a one month longer lifetime, and this modification should not affect users normal activities; you will only notice a difference in expiry date.
Belgium Flanders has decided to accept Icelandic GOs starting from November 15th. The Flemish domain had stopped importing GOs from Iceland earlier this year due to the lack of residual mix calculations for Iceland. Now, after an efficient consultancy project between Grexel and Ministry of Industry and Innovation, Iceland has a reliable disclosure regulation and its GOs are again recognized by Flanders.
Netherlands still bans all the imports coming from Iceland, regardless of the origin of the certificate.
Beginning in 2013, Germany won’t accept any 2013 and later RES-GO production import from other domain to their cmo.grexel.com registry.


Disclosure - Problem Solved

January, 2013
Early in 2012, Iceland had implemented the directive 2009/28/EC Article 15 for Guarantees of Origin, but had no legislation for disclosure. This lack of legislation led to the Netherlands and Belgium-Flanders banning imports of GOs from Iceland, since it could not be guaranteed that the attributes of Icelandic guarantees of origin exported to mainland Europe were not double counted.
Grexel and the Ministry of Industry and Innovation decided upon a fast-learning consultation project where...
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FIN141 on their way to Rio

January, 2013
The water is getting chillier and Grexel is ready to go… sail! Yes, sail.
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Grexel Writes an article in the Tax Tribune

January, 2013
Grexel CEO, Marko Lehtovaara, and Renewable Energy Expert, Markus Klimscheffskij, co-wrote an Article for issue 29 of the Tax Tribune: Magazine of the Intra-European Organisation of Tax Administrations.
The Article covers basics of energy certification and emphasis the viewpoint of Tax Administrators. The aim of the Article is to increase the knowledge of Tax Administators about energy certificates, in order for them to be better equipped to protect the field from VAT fraudsters. Grexel is a member of the Anti-VAT Fraud taskforce of the AIB.
Link to Article »


Issuing Swedish GOs

August, 2012
In order for national Swedish GOs (ursprungsgarantier) to be issued, the production device has to be approved for Swedish GOs by the Energy Agency (Energimyndigheten). The actual issuing takes place at the same time when the elcertificates are issued, in the middle of the following month after production. Regarding production devices registered for EECS, the GOs are issued with EECS capability in Cesar. These GOs can be exported to CMO.grexel and can after that be used in the international market. The link from Cesar to CMO.grexel is unidirectional – no EECS GOs can be imported into Cesar.
EECS rules enable issuing of EECS GOs only for the net production of the production device, i.e. gross production minus the consumption of generating auxiliaries and losses in the main generator transformers (unless these are considered as grid loss). This is different from the situation regarding elcertificates and Swedish GOs. When gross measurements are reported to Cesar the reported energy has to be multiplied by a correction factor calculated by the auditor to correct the number EECS GOs. A production device is in the normal case registered by the owner(s). It is also possible that the owner signs a power of attorney granting all rights of the issued GOs to another account holder.


CMO.grexel Update and Information to users

August, 2012
Find out what CMO.grexel's new release brings to you!
Read more »


GOs Expiration Rules in Different Countries

August, 2012
By EU law, a GO is valid only 12 months from the production of the corresponding energy unit (2009/28/EC). In practice, different countries have different ways of applying this rule and, in some cases there is no specific statement on expiration of a GO at all. In Denmark, Iceland and Norway for example, certificates expire 12 months after the end of the production period of the corresponding energy unit, while in Sweden it is considered that a certificate expires 12 months after the start of the production period of the respective energy unit. The 12 months’ lifetime rule is least pronounced in other AIB members which have so far been able to store old GOs and use them at a suitable time. This will, however, change in the near future and the procedures used in each country will be clear when AIB members release their new Domain Protocol.


Country Updates

August, 2012
France is currently not exporting or importing EECS certificates. The French registry is not yet updated according to the new EECS rules. Hence, traders that still want to export or import EECS RECS certificates have to proceed only by ex-domain cancellations directly for use in France. Please keep in mind that if you decide to cancel certificates for final use in France (or in any other domain other than where the account is located), any ex-domain cancellation fees may apply
Belgium-Flanders has decided not to approve Icelandic GOs. The calculation of and requirement to use the residual mix is not guaranteed in Iceland. To successfully prevent double counting, all GOs cancelled in and exported from Iceland would have to be removed from the mix of attributes used in electricity disclosure for regular consumers, i.e. such not purchasing a specific electricity product. Since the renewable origin of GOs exported from Iceland might still be used in the disclosure of electricity consumption in Iceland, Belgium-Flanders has decided not to approve Icelandic GOs to be imported in their domain.


AIB Meeting in Helsinki

August, 2012
In honor of its 10th anniversary, the Association of Issuing Bodies (AIB) organized a meeting on 14-15th of June, in Helsinki. Two days of intensive meetings were lightened up by a boat trip to Suomenlinna fortress, where guests enjoyed outdoor activities and a festival dinner organized by Grexel, and funded by AIB and sponsors of the meeting: Fortum, GreenStream, Grexel and UPM. The meeting and evening program were held together with RECS International, which congratulated AIB with a spectacular jazz performance by Mr. President Claes Hedenström. The joint program gave members of both organizations a good chance to make new connections and exchange ideas.


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