GZ Energy to launch digital trading platform in Q4

September 21, 2019 |

In Maryland, physical commodities brokerage GZ Energy, LLC plans to launch its digital trading platform, GZX, in October. GZX will provide renewable fuel market participants with a means to discreetly trade separated (K2) Renewable Identification Numbers (RINs), California Low Carbon Fuel Standard (LCFS) credits, and Oregon Clean Fuels Program (CFP) credits without the participation of a broker.

While GZ Energy plans to go live with GZX next month, the company will also remain focused on facilitating voice-brokered transactions between buyers and sellers of physical renewable fuel sources, namely biodiesel.

Since its launch in January, GZ Energy has continued to make significant inroads on the West Coast, representing California LCFS registered market participants and Oregon CFP registered market participants for voice-brokered transactions.

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Category: Fuels

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