CG HUB:
World’s first platform offers transparent trading of gas certified by methane emissions generated during production
Designed in association with methane abatement non-profit MIQ
Ground-breaking central market to buy and sell with a true understanding of the emissions impact of each transaction
Emissions transparency, price discovery, encourage liquidity, and provide a community to drive methane reduction awareness.
Designed to provide a market mechanism for incentivizing drastic reductions in global methane emissions
Open to all natural gas certified by methane emissions at production
Adapted from the award-winning COMET platform, CG Hub workflow will drive greater trading and emissions transparency:
A centralized Hub (dashboard) for bids and offers all members can view
Ability to list certification details (level, methane intensity, etc.), attach certificates, all captured in the audit trail
Notifications to all members when a new deal is posted
Ability to click to execute or begin a bilateral negotiation
Receive an automated transaction confirmation.
Comprehensive transaction audit logs to help meet a variety of compliance and regulatory standards.
Enforces best price methodologies
CG HUB CO₂e Calculator:
CG Hub is making it easier and faster to estimate the emissions impact of a proposed transaction in CO₂ equivalency with the introduction of the CG Hub Carbon Dioxide Calculator. This new feature provides the following benefit to each CG Hub transaction:
Compares the methane intensity for the volume of certified gas into the equivalent carbon dioxide value
Converts the methane intensity for that volume of gas, as if it were not certified
Calculates the reduction of equivalent CO₂ that would be realized if the transaction was executed
The calculations automatically update as changing terms get negotiated
Provides users some options to customize these calculations using firm-specific assumptions
The CO₂e values become a permanent part of the audit trail. They are available throughout the platform, can be included in push-button reports, or be exported via API to other systems as necessary
How it works
CG HUB brings together Founding Members and Subscribers to create a vibrant market
Supported Commodities
CG Hub will launch with support for the following commodities
Certified Gas with certificates
Certified Gas Certificates - unbundled from the gas
Certified Gas for Liquified Natural Gas (LNG)