updated 10/6/2010 5:46:10 PM ET 2010-10-06T21:46:10

HOUSTON, Oct. 6, 2010 (GLOBE NEWSWIRE) -- Element Markets, LLC, a Houston-based greenhouse gas and renewable energy developer and supplier of environmental credits, has been named as a Finalist for the Rising Star Award in Platts Global Energy Awards. Energy companies from 21 countries on three continents have been chosen as finalists in the Platts Global Energy Awards, an annual program recognizing exemplary industry leadership. The 2010 finalists, selected from well over 200 nominations, were announced this week by program host Platts, the leading global provider of energy information.

Element Markets, which is celebrating its fifth anniversary this year, was chosen as a Finalist based on its industry leading work as a marketer of Environmental Commodities and as a developer of Renewable Energy and Greenhouse Gas reduction projects throughout North America.  

"Element Markets is pleased to have been recognized as a finalist in the Platts Global Energy Awards. Having celebrated much success this year, including being named US Emissions House of the Year by Energy Risk, we are pleased to be recognized again by our peers," says Angela Schwarz, President and Chief Operating Officer of Element Markets.

In addition to being named as a Finalist in the Platts Global Energy Awards, Element Markets LLC received several awards earlier in the year from Energy Risk and Environmental Finance, including:

  • 2010 US Emissions House of the Year – Energy Risk
  • #1 US Mandatory Emissions Reductions (GHG) Dealer – Energy Risk
  • #1 US Voluntary Emissions Reductions (GHG) Dealer – Energy Risk
  • #1 US Sulfur Dioxide (SO2) Dealer – Energy Risk
  • #1 US Nitrous Oxide (NOx) Dealer – Energy Risk
  • #1 US Renewable Energy Credit Dealer – Energy Risk
  • Best Trading Company, North American Renewable Energy Credits – Environmental Finance
  • Best Trading Company – SO2 Emission Credits - Environmental Finance
  • Runner-up – Best trading Company, North American Mandatory GHGs – Environmental Finance

Established in 1999 and widely recognized as the "Oscars" of the energy industry, Platts Global Energy Awards highlight corporate and individual innovation, leadership, and superior performance in 17 categories spanning the entire energy complex. More than 500 guests are expected to attend the black-tie dinner at New York's Cipriani Wall Street on Thursday, December 2, when the 2010 Global Energy Awards will be presented by Platts and Capgemini.

About Element Markets, LLC

Element Markets, LLC is the leading developer and supplier of environmental credits in North America, with integrated trading expertise in the greenhouse gas, renewable energy and emissions credit markets. Since its inception in 2005, Element Markets has built one of the industry's largest diversified development portfolios of wind, solar, methane and greenhouse gas mitigation projects. The company provides structured environmental compliance and optimization services to prominent corporate and institutional clients and was named Emissions House of Year for 2010 by Energy Risk Magazine. Element Markets is based in Houston, Texas. Company website:  www.elementmarkets.com.

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