Karbone Commodities

Renewable Energy And Environmental Commodity Solutions

Karbone’s Commodities teams source and execute a variety of transactions, bringing liquidity to buyers and sellers across the renewable energy and environmental asset spectrum.

The teams operate in primary and secondary Renewable Energy Credit, Power, Capacity, Carbon, Renewable Natural Gas, and other Renewable Fuel markets.

About Us

Karbone’s award-winning Commodity teams provide industry-leading structuring and execution for energy and environmental asset classes. We provide cutting-edge market insights combined with superior pricing, liquidity, and contract/credit terms for all market participants. We serve clients including energy and utility companies, project developers, municipalities, Fortune 1000 firms, and investors such as private equity funds and banks.

Karbone’s teams structure, market, negotiate, and execute innovative short to long-term forward contracts, maneuvering financing, credit, and collateral requirements. Across all transactions, the Commodity teams bring valuable structuring and execution expertise, and world-class network of market participants, and proprietary insight to support each deal across the fragmented commodity market landscape.

Our Coverage


Renewable Energy Credits

Karbone is a top-ranked agent and marketer of RECs and SRECs in all Renewable Portfolio Standard (“RPS”), voluntary, and international REC markets. Karbone’s team has established a leading role in Spot, Forward, and structured REC contracts across PJM, NEPOOL, WECC, MISO, ERCOT, and in the Green-e, EcoLogo, and I-REC programs. The firm is recognized for structuring and executing commodity contracts ranging from vanilla spot deals to the most complex, long-term transactions in the market.


Power and Capacity

Karbone leverages a deep network of relationships with load serving entities, generators, power marketers, and voluntary end-users in all power pools across North America to source, structure, and negotiate optimal Power and Power Attribute off-take agreements on short, mid, and long-term bases. These services span both traditional power contracts and virtual Power Purchase Agreement (PPA) procurement. In addition to Power contracts in all markets, the team has developed the industry’s leading practice covering Capacity and other Ancillary Service markets across PJM, MISO, SPP, WECC, NYISO, ISO-NE, and CAISO.


Renewable Fuels

Karbone’s Renewable Fuels team covers physical fuel sectors such as Renewable Natural Gas (RNG), Renewable Diesel, Biodiesel, Hydrogen, and Electric Vehicles (EV), as well as Low Carbon Fuel Standard (LCFS), Renewable Identification Numbers (RINs), Renewable Thermal Certificates (RTCs), and other Environmental Attributes (EAs) for clean fuels across North America. From our UK office, we cover Renewable Gas Guarantees of Origin (RGGOs), Renewable Transport Fuel Certificates (RTFCs), and other biofuel and biomethane certificates, including those certified under the ISCC. Across the globe, our wide network of voluntary and compliance producers, marketers, and buyers is coupled with our Research Group’s data and analytics to offer a deep level of analysis and risk management to our liquidity provision services.


Carbon and Emissions

Karbone brings a team of seasoned professionals with extensive transactional experience to provide execution services and advisory-based hedging programs to assist all stakeholders in the compliance carbon markets in California, RGGI, Alberta, and the EU, as well as voluntary markets in the US, Canada, and across the globe.


Global Energy Attribute Credits

From our office in London, Karbone's global reach for EACs spans Renewable Energy Guarantees of Origin (REGOs and GOs), International Renewable Energy Certificates (I-RECs), and other electricity oriented decarbonization contracts. Providing both principal contracting and agency-based services, our London Desk expands our risk management and liquidity provision services to markets across the UK, EU, and abroad.


Access our Research platform to view daily, historical, and forward commodity pricing data

Contact Us

Have a question? Reach out to our team below.