Overview
Stridely Solutions collaborated with a UK-based energy company to bring their innovative energy trading platform to market. The client sought to establish a next-generation platform that could revolutionize the creation, verification, and trading of digital energy attribute certificates. Stridely provided end-to-end custom application development and advanced integration services, enabling the successful launch and seamless market introduction of their platform.
The Client
The client specializes in creating digitally verifiable and transparent EAC or REC (Renewable Energy Certificate) to support clean energy producers worldwide. By generating verifiable proof in their certificates, they support energy producers to showcase their environmental integrity and enable them to meet emissions compliance and regulatory requirements.
Challenges
The client faced several challenges in digitizing their end-to-end processes for the creation, verification, and trading of EACs:
Real-time Data Collection
Developing a system capable of capturing precise, real-time electricity production data directly from clean energy facilities.
Verifiable Digital Certificate Generation
Creating secure digital Energy Attribute Certificates using the Track standard taxonomy.
Global Trading Enablement
Streamlining the primary issuance, secondary trading, and settlement of certificates on a global ledger platform.
User-friendly and Scalable Systems
Designing a top-notch user interface and a scalable platform to support future growth.
Solution
Stridely played a pivotal role in building a robust and scalable foundation for the client’s platform. We ensured the seamless integration of data collection, efficient certificate generation, and secure trading functionality, enabling the client to introduce their platform confidently in a niche market.
Energy Trading Platform introduces the client’s energy trading ecosystem, providing:
Digital EAC Creation
- Real-time data is transformed into digital Energy Attribute Certificates, using the i-Track standard taxonomy.
- Additional embedded metadata ensures verifiable proof of electricity generation, meeting strict compliance standards.
Streamlined Global Trading
- The platform facilitates trading in three ways: internal retention, primary sale, and secondary market trading.
- Enables buyers to meet Scope 2 emissions requirements and manage clean energy compliance on a 24/7/365 basis.
IAM Development
- A secure Identity and Access Management (IAM) system integrated with Azure tools to ensure seamless user authentication and access control.
Web Platform
- A user-friendly interface that provides certificate management, payment processing, and device registration functionalities.
Future-Ready Scalability
- Solutions are designed to grow with the client’s global ambitions and market needs.
Results
Driving Innovation for a Greener Future
Stridely Solutions successfully delivered an innovative solution that supports the client in leading the clean energy transition. The custom-built platform ensures transparency, compliance, and scalability in energy certificate trading, solidifying the client’s position as a pioneer in the industry.
