Today, Carbonflow® Switzerland Ltd. announced the immediate availability of the Carbonflow Platform Release 3.2, the company’s software for managing and monitoring carbon emission reduction projects and related contracts. New and existing Carbonflow customers may access the hosted software under the terms of their standard license agreements.
With Release 3.2, Carbonflow has extended the available features of CarbonContracts for Carbonflow’s worldwide client base. CarbonContracts is a sophisticated tool to monitor and track the ongoing value of and risks in the performance of emission reduction contracts and related portfolios. CarbonContracts now allows you to nominate an overall risk level for a project and an individual operational risk level for each contract associated with the project. The selected risk levels are used to automatically generate risk adjusted emission reduction delivery projections that are displayed in the contracts delivery table and can be used in scenario modeling in Portfolios.
Bernard Debroux, Head of Carbon Procurement and Supply at GDF says: “In Q3 2011, GDF SUEZ started a partnership with Carbonflow SA for the usage of Connect+ & CarbonContract. Version 3.2 is the outcome of a long development process by the teams of Carbonflow. Despite recent organizational changes end of 2011 , the new Management of Carbonflow remained very transparent and proved to be a reliable partner by delivering release 3.2 in conformity with their commitment. The 1st assessment results of the new release are encouraging signs for the future “
Robert Dornau, Carbonflow’s CEO explains the value of one of the new feature: “The management of a portfolio of contracts results in vast amounts of data that need to be tracked and analyzed. Many times these data set are spread over several tools and spreadsheets making consistent portfolio reporting a challenging task. The combination of Carbonflow’s Connect+ and CarbonContracts tools facilitates the tracking of project, emission reduction and service contract related documents, data and payment streams in one place. “
CarbonContracts now allows users to export all or a selection of data associated with Projects and their deliveries and Portfolio analyses in a standard spreadsheet format for record keeping and further analysis. This feature solves a major challenge of portfolio managers to extract the right set of data in a sortable manner for further analysis and individual reporting needs.
Pricing for ER Contracts can be complex, with many different options combining market and contract pricing. CarbonContracts already included support for tiered pricing based on two pre-set delivery tiers – pre-2013 and post-2012 vintages. Release3.2 includes support for additional user defined pricing tiers. Tiers can relate to volume or date thresholds and trigger different pricing models in the same contract. For example a fix price for delivery before a certain date and an index price with a cap for late delivery.
Heidi Smith, Carbonflow’s CTO says: “Carbonflow’s agile software development philosophy allows us to constantly improve our software and realize client customization requests in a very quick manner. We are proud to have released this substantial set of new features on time and are looking forward to the next release in March 2012. “