APX
From MarketsWiki
| APX | |
| |
| Founded | 1996 |
|---|---|
| Headquarters | Hoboken, NJ |
| Key People | Brian M. Storms Chairman & CEO; John Melby, President |
| Products | Provides registry services for environmental and energy markets |
| Web site | http://www.apx.com/index.asp |
APX is an infrastructure and registry provider for environmental and energy markets in renewable energy and greenhouse gases including carbon commodities. The company has 2 billion certificates under management and 1300 global accounts.
Providing a bank and mint for environmental commodities, APX Environmental Market Depository is used to create, track, manage, and retire renewable energy certificates (RECs), energy efficiency and conservation certificates, carbon offset credits such as verified emission reductions (VERs), and greenhouse gas emission allowances.
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APX also provides technology, strategic consulting and operational services to help wholesale power market participants reduce costs and improve performance in power scheduling, settlement, market operations, system operations support and demand response programs.[1]
Goldman Sachs is a minority investor in APX. [2]
Products and Services
The areas in which APX provides services are:
- Environmental Asset and Risk Management
- Environmental Portfolio Management
- Carbon and Renewable Energy Registries
- Power Scheduling and Settlement
- Wind and Renewable Power Scheduling
- Demand Management
- Generation Control Systems
- Business Consulting Services
APX environmental market solutions create, track, manage, and retire renewable energy certificates (RECs) for all North American regional markets, Carbon Offset Credits/Verified Emission Reductions and Emission Allowances, and Energy Efficiency and Conservation Certificates.
APX provides operational solutions to the power industry which include scheduling and settlement, generation control and operation support, and consulting services.
Key People
- Brian M. Storms - Chairman & CEO
- Russell Wong - CFO & Vice President
- Joseph Varnas - Chief Technology Officer
- Roger Yang - Vice President
- Heather Sanders - Managing Director
- Sakis Asteriadis - Managing Director
- Kenneth A. Lopian - Managing Director
Resources
References
- ↑ About US. APX. Retrieved on May 23, 2008.
- ↑ Goldman Sachs Backs APX. AllBusiness. Retrieved on July 31, 2008.
