Emissions trading in safe hands
Vertis, a MiFID II trading firm, supports companies in navigating through carbon compliance schemes, including different EU Emissions Trading Systems, CBAM and CORSIA, in a cost-effective way
Emissions trading in safe hands
Vertis, a MiFID II trading firm, supports companies in navigating through carbon compliance schemes, including different EU Emissions Trading Systems, CBAM and CORSIA, in a cost-effective way
Traders of Environmental Progress
STX Group is a global environmental commodities trader offering physical and financial solutions across compliance and voluntary systems for energy, fuels, gas and carbon markets.
Blog Articles
As the world moves toward a greener future, electric vehicles (EVs) are playing a key role in reducing greenhouse gas (GHG) emissions. The global EV market is experiencing unprecedented growth, with sales expected to reach 14 million in 2023, a 35% increase from the previous year.
But did you know owning EV fleets and charging stations can also be a profitable opportunity for your business? Through the generation and sale of EV Tickets, you can monetize your sustainability commitment and boost revenue. So how does it work, and how can your company take advantage of this scheme?
EV Tickets are part of a GHG quota scheme designed to incentivize emissions reduction. Businesses that operate EV fleets or charging stations can generate and sell GHG quotas to fuel suppliers who need to meet their quota obligations. This creates a valuable additional revenue stream for businesses contributing to the transition to renewable energy.
For example, in Europe GHG quota systems are integrated into the Renewable Energy Directive (RED II), which requires member states to reduce their carbon emissions through initiatives including EV adoption. By participating in these programs companies can lower their carbon footprint and also generate income through sale of their GHG quotas. In France charging point operators (CPOs) can generate certificates from the TIRUERT mechanism and earn around €85 per MWh distributed by charging points.
The Renewable Energy Directive (RED II) is key EU legislation that sets ambitious targets for renewable energy. Its goal is to ensure that by 2030 at least 32% of energy consumed in the EU comes from renewable sources. The directive covers sectors including electricity, heating and transportation, with a focus on expanding EVs and charging infrastructure as a strategy to reduce emissions.
Monetizing GHG quotas enables companies to reinvest in expanding EV infrastructure, accelerating adoption of renewable energy solutions and contributing to the EU’s goal of climate neutrality by 2050. This mechanism is already in place in Germany, Austria, the Netherlands, Belgium and France, with upcoming implementations in Italy, Spain, Poland, Portugal and Finland. STRIVE by STX is active in all these markets, providing support across Europe.
In addition to promoting EVs, RED II emphasizes advanced biofuels—fuels made from waste and non-food feedstocks that significantly reduce carbon emissions. This part of RED II complements electrification by ensuring that other renewable fuel sources continue developing alongside EV infrastructure.
Navigating the regulatory landscape of GHG quotas and renewable energy requirements can be complex. At STRIVE by STX we specialize in helping businesses maximize the value of their EV Tickets. From ensuring compliance with RED II regulations to selling GHG quotas at competitive prices, we provide the expertise and network needed to unlock the full potential of your EV fleets and charging stations.
Partnering with STX allows companies to generate revenue from their sustainability efforts while contributing to EU climate goals. Whether you’re just exploring EV Tickets or already implementing them, we can guide you through each step.
