Last year, enterprises and utilities worldwide bought over $200 billion of renewable energy from its producers. Most of these transactions were processed manually. Explosive demand for electricity, driven by AI-enabled applications and electrification over the next decade, will further increase the transaction volume and exacerbate the operation challenges. By automating these complex transactions, CFEX improves operation efficiency, reduces transaction costs, minimizes billing errors and disputes, and increases auditability.
Through PPA contracts, both buyers and sellers are joint stakeholders of renewable generation assets and thus have the need to forecast their generation, monitor their production and financial performance, and exchange data between buyers and sellers. CFEX provides a comprehensive suite of applications to streamline such commercial operations of generation assets for both buyers and sellers
As a part of the transactions between buyers and sellers, both need to manage EAC inventories, including those issued, transferred, expired, retired, etc. By centralizing the management of EAC inventories across their supply chains, including sellers, aggregators, and buyers, CFEX improves operational efficiency and minimizes errors.
