Oregon CFP Credit Suppliers
Targray is a trusted supplier and trader of Oregon CFP credits for Oregon’s Clean Fuels Program, a low-carbon fuel standard that reduces the carbon intensity of transportation fuels over time. Whether you’re an obligated party seeking cost-effective compliance or a low-carbon fuel producer looking to monetize credits, we can help you plan, supply, and trade under Oregon’s CFP.
Oregon Clean Fuels Program Overview
Oregon’s Clean Fuels Program is a low-carbon fuel standard that reduces the carbon intensity (CI) of transportation fuels over time. Fuels with CI below the annual standard generate credits; fuels above the standard create deficits that regulated parties must cover with credits. Credits are tradable and may be banked for future compliance.
Oregon CFP Credit Generation and Trading
How CFP Credits are Created
Credits are calculated from fuel energy (MJ) and CI relative to the annual standard. Eligible fuels include renewable diesel, biodiesel, ethanol, electricity, renewable natural gas (RNG), hydrogen, and others. Oregon uses OR-GREET (a localized GREET model) for pathway CI values.
Electricity and Utilities
Under CFP rules, electric utilities may generate credits for residential EV charging and reinvest proceeds in EV programs (e.g., charging, fleet grants, education). Oregon DEQ provides dedicated utility/electricity guidance.
Registration, Reporting and Market Data
Participants register and report through the Oregon Fuels Reporting System (OFRS/CFP Registry), where DEQ posts monthly transaction summaries, quarterly data, and Credit Clearance Market information.
How Targray Helps You Succeed in Oregon's CFP
CFP Credit Monetization and Trading
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Direct counterparty execution: Targray buys/sells CFP credits bilaterally and sources liquidity across obligated parties and market participants.
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Market intelligence: We monitor DEQ Monthly Credit Transaction Reports and broader price/volume trends to target favorable windows. We also follow developments in CCP/credit clearance mechanisms.
Compliance and Reporting Support
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Pathway & CI strategy: Align your feedstock, process, and logistics with an optimal CI under OR-GREET; coordinate verification and submissions.
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Registry Onboarding: Assistance with OFRS/CFP Registry enrollment and ongoing data/reporting workflows.
Low-carbon Fuel Supply
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Renewable Diesel (RD) & Biodiesel — Reliable, compliance-grade supply and optimized blending strategies to maximize credits.
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Renewable Natural Gas (RNG) — Contracting structures that align CI and volumetric delivery with credit generation.
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Hydrogen & Electricity advisory — Practical guidance on electricity crediting pathways and integration with fleet transitions (in collaboration with utilities where applicable).
Engagement Options
- Spot or forward offtakes for CFP credits aligned to your delivery schedule and risk preferences.
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Portfolio services combining fuel supply with CFP credit strategy to reduce total compliance cost and volatility exposure.
Contact Our Environmental Commodities Team
Targray operates across feedstocks, renewable fuels, and environmental commodities, enabling end-to-end solutions — from sourcing and blending to credit creation and offtake — tailored to your compliance plan. Whether you’re an obligated party seeking cost-effective compliance or a low-carbon fuel producer looking to monetize credits, we can help you plan, supply, and trade Oregon CFP credits under Oregon’s Clean Fuels Program. Contact our Environmental Commodities team to discuss your Oregon CFP strategy with one of our experts.
Related Pages
Carbon Credits
Carbon credits are created by governments capping the amount of CO2 an entity may emit, and allocating a quantity of credits to entities covered in a regulated jurisdiction or policy regime.
Carbon Markets
Global carbon markets are broken down into two major market types; voluntary carbon markets (also known as VCMs) and compliance carbon markets, which vary by jurisdiction.
Carbon Pricing
A carbon price typically appears as a carbon tax or in emissions trading, with the main policy instrument being an Emissions Trading System (ETS), also known as Cap-and-Trade (CAT) program.
Environmental Commodities
Learn more about our carbon credit, carbon offset and renewable energy certificate (REC) programs & solutions for compliance and voluntary carbon markets around the world.
Carbon Offsets
A carbon offset is a transferrable credit certified by governments or certifying bodies to represent an emission reduction of one metric tonne of CO2, or an equivalent amount of other GHGs.