GPH Direct RFQ

1. What is an GPH Direct RFQ for renewable-energy certificates (RECs)?
A GPH Direct RFQ is a formal document you send to qualified certificate traders, brokers, or project owners asking them to price a defined bundle of RECs (or GOs, I-RECs, TIGRs, etc.). Suppliers reply with fixed or indexed pricing, delivery terms, and proof of certificate quality so you can select the best offer.

 

2. Why use an GPH Direct RFQ instead of buying RECs directly on the spot market?

  • Simpler way to source renewable energy that dont require deep market insight.

  • Suppliers compete, which can drive costs down and surface better quality (e.g., newer vintages or specific technologies).

  • The RFQ captures contractual commitments—delivery schedule, retirement method, dispute resolution—up front, reducing post-purchase risk.

 

3. When should I issue an RFQ?
Ideally 90–120 days before you need the certificates retired. This leaves time for supplier clarification, internal approvals, contract negotiation, and registry transfers—especially helpful if you’re synchronising retirement with your financial year-end or CDP/CSRD reporting deadlines.

 

4. What makes this “limited” RFQ different?
To get you started faster, the form asks for just four inputs—country, production year, certificate label, and technology requirements. Once you submit, our platform automatically invites pre-vetted suppliers that can meet those criteria, so you don’t have to search for them yourself. Advanced options lives in the full RFQ that requires a subscription.

 

5. Which countries can I choose?
Begin typing the country where the electricity was consumed; the dropdown auto-completes. If your portfolio spans several countries, submit a separate RFQ for each one. (Multi-country RFQs are available after your account is fully onboarded.)

 

6. What does “production year” mean in the form?
It’s the calendar year in which the renewable electricity was generated. Most reporting frameworks expect the certificates’ production year to match the year of your consumption (e.g., 2024 consumption → 2024 certificates). Choose the year that aligns with the kWh you’re trying to cover.

 

7. Do I have to pick a recognised label?
No—select “No” if any valid certificates are fine. Select “Yes” to see a list of labels (RE100 eligible, EKOenergy, TÜV, etc.). Click one or more tiles to require that all certificates in the bid carry those specific labels.

 

8. How do technology requirements work?
At the bottom of the form you’ll see toggleable icons for Solar, Wind, Hydro, Bio, Geothermal, Nuclear.

  • Included (purple) → suppliers may use that technology.

  • Excluded (grey with ✕) → that technology won’t be accepted.

Tip: the more technologies you allow, the larger the supplier pool and the sharper the pricing.

 

9. What happens after I click “Publish RFQ”?

  • Our engine matches your criteria with eligible suppliers in the registry.

  • Suppliers receive the request and can bid untill the end of the RFQ.

  • You’ll get an email and in-app alert when bids are ready; pricing is displayed side-by-side for easy comparison.

You can accept a bid with one click; we’ll generate the contract and manage certificate delivery and retirement for you. The RFQ will automatically end when you accept a bid.

 

10. Can I edit my RFQ after submission?
No, but you can stop the RFQ and quickly create a new one. 

 

11. What if I need volume splits, multi-year terms, or custom contract clauses?
Those advanced options live in the full RFQ workflow. Reach out to your account manager for more information.

 

12. What happens when I accept a quote?

A trade with a default trade confirmation contract will be generated. Both parties will have a trade confirmation sent by email for e-sign.