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How long will the redemption procedure take?

If you are still awaiting your certificate, it is possible that your redemption has been processed but the official document has not yet been issued.

 STX will redeem your certificates at any point during the redemption window

The timeline for certificate issuance varies by registry. Although the redemption process is executed instantaneously, the official receipt of the certificate may require up to 20 business days or, in some cases, even longer. Processing periods depend on the operational procedures and compliance requirements of each individual registry. For reference, please consult the following table, which outlines typical timelines associated with several major registries:

Registry Estimated Waiting Time
Amber Grid 5 to 20 business days
American Carbon Registry immediately
Australian LGC 10 business days
Cesar 5 to 20 business days
China GEC 2 business days
Climate Action Reserve 2 business days
Conexus 5 to 20 business days
DENA Up to 20 business days
EEX Biomethane Up to 20 business days
Elering immediately
Energinet 5 to 20 business days
ERCOT 5 business days
Evident immediately
Finextra immediately
Registry Estimated Waiting Time
GGCS 5 to 20 business days
Gold Standard immediately
Grexel 5 to 20 business days
J-Credits 10 business days
Kyoto immediately
MRETS immediately
NAR immediately
NFC 3 business days
NZEC 5 business days
Ofgem 5 to 20 business days
OTE Up to 10 business days
Powernext Up to 10 business days
Pronovo Up to 10 business days
REN 5 business days
Registry Estimated Waiting Time
SEDA 5 to 10 business days
Statnett immediately
TGE immediately
TIGR immediately
Vera immediately
Verticer/Vertogas immediately
Vreg immediately

 

The above list concerns most but not all of the registries that STX works with. If your registry in question is missing, please reach out to us.

If you have any further questions or concerns, please reach out to us here.

Please note, the response time of some registries can significantly delay the issuance of a statement