Green Power Hub is strictly speaking an interest-sharing platform that facilitates trades between subscribers who settle deals bilaterally. The hub does not require and does not have an exchange license.
“Meet. Deal. Done.” This is how we describe the ease of trading and settling contracts on Green Power Hub (GPH). In legal terms, it is also straightforward.
Subscribers to GPH are themselves responsible for inviting and accepting trading counterparties. When buyer and seller have agreed on a price, GPH issues a proposal for a standard contract, which the counterparties may use to settle a trade. The counterparties may otherwise choose to settle using any other contract.
GPH does not charge any transaction fees. Instead, we offer subscriptions to a technology that enables subscribers to chat, deal and settle directly between themselves.
Guarantees of Origin (GOs) and Elcert contracts listed on Green Power Hub are legally classified as physical products. Bilateral trading of such products does not require an exchange licence.
GPH is owned and operated by Norway-registered companies ISN and Montel. We take very seriously any attempt to commit fraudulent activity on our subscription-based platform.
GPH has been legally reviewed and vetted by law firm PricewaterhouseCoopers AS, Norway.
Give us a try!
We are here to help you benefit the most from using the Green Power Hub. Sign up or give us a call and we’ll arrange a free demo.
There are no obligations or costs involved in testing Green Power Hub.