European carbon allowance prices have tumbled by more than 40% since reaching a record high of €101.25 almost a year ago. Dramatic reductions in the use of coal and gas in power generation as well as declining industrial output amid the macroeconomic downturn have reduced demand for EU Allowances (EUAs) as the region accelerates its […]
Success in the modern energy and commodity industry requires companies to adopt a proactive, data-driven approach. The COVID-19 pandemic created an environment of volatility in commodity markets, pushing companies to transform their energy supply chain into a strategic value chain through cost efficiency and enhanced processes. Many companies have adopted data automation and analytics tools […]
A Virtual Fireside Interview on data trends, data management pain points and solutions for the Energy and Commodities Industry Sector Introduction With over 25 years worth of experience in technology and sales, ZE PowerGroup’s Ian Gordon is no stranger to innovation. His areas of expertise include the energy and commodities markets, with a special focus […]
Europe’s transition to a zero-carbon future is well underway. Greenhouse gas emissions have fallen by 20% since 2005, according to World Bank data, and the EU is now targeting net zero emissions by 2050. The largest share of emissions globally is generated by the power sector, and this is where efforts have focused over the […]
The EU Emissions Trading System (EU ETS) has had a tumultuous start to 2021. Prices have risen by 22% to new record highs in the last six weeks as a wave of speculative investment has come into the market, and industrial and utility compliance companies have been shoved to the sidelines. The rally is part […]
Tim Worledge,Editorial Director at FastmarketsAgriCensus Tim spoke about the role of price reporting agencies (PRAs) and the advantages they bring to modern markets. PRAs rely more on “old-school” methods rather than technological solutions. The primary role of PRAs is to “research, write and distribute original market-moving news and trade intelligence, and to provide reliable physical […]
Nathan Cordier,Chief Analyst AgritelArgus Media Nathan Cordier, chief analyst at Agritel, presented the outlook for the key agricultural markets for the 2020-21 season. In the northern hemisphere, Agritel predicted European all-wheat availability (soft and durum) for the coming year would fall by nearly 12% to 136.5 million tonnes, the lowest since the 2012-13 season. Significant […]
Dr. Michael O’Connell,Chief Analytics OfficerTibco Dr. O’Connell opened the second day of the Summit with a presentation on using data in real-time to assist in decision-making. “We believe that if you can compress the time between the business event, getting the data ready for the analysis, completing an analysis and taking an action, that this […]
Back at the start of the 2000s when Europe’s clean energy policies were first being developed, the theory went that a price on carbon would drive up the cost of generating power with fossil fuels, and this would render renewable electricity more competitive and enable it to grab a foothold in our energy mix. European […]
It’s not a secret that AI is gaining more and more popularity not only within the IT sector but also for education and commerce. According to the Artificial Intelligence Global Executive Study and Research Project conducted in 2019, nine out of ten companies are using AI. Taking into account that the technology can be applied […]