London, 05 December 2022
The International Energy Agency (IEA) has chosen leading energy and commodity price reporting agency Argus to inform its work on the fast-growing hydrogen value chain.
The IEA produces a number of publications on energy markets, including the influential monthly Oil Market Report and its annual World Energy Outlook, a report of global economic importance. The IEA will use Argus hydrogen data, news and analysis in its , and , adding to its use of Argus information for the energy, chemicals and freight markets.
Interest in decarbonised hydrogen has grown beyond traditional demand sources such as oil refineries and ammonia producers, as producers of sustainable aviation fuels and renewable diesel emerge. Ammonia and methanol are increasingly viewed as potential marine fuels and solid fuel replacements. The Argus Hydrogen and Future Fuels service was launched in 2021, in response to customer demand for timely and insightful analysis of the energy transition.
Argus Media chairman and chief executive Adrian Binks said: “We are delighted that the IEA has extended its use of Argus data, news and analysis to include hydrogen. The IEA is an extremely important and respected organisation within international energy markets and, in our view, its choice of Argus is a real testament to the quality and reliability of our information.”
José Miguel Bermúdez Menéndez, Energy Technology Analyst Hydrogen and Alternative Fuels at the IEA said: “We believe increasing the production and use of low-carbon hydrogen is an important part of the world’s movement away from fossil fuels. We are pleased to have found in Argus an excellent provider of useful insight and data”.
About Argus Media
Argus is the leading independent provider of market intelligence to the global energy and commodity markets. We offer essential price assessments, news, analytics, consulting services, data science tools and industry conferences to illuminate complex and opaque commodity markets.
Headquartered in London with 1,300 staff, Argus is an independent media organisation with 29 offices in the world’s principal commodity trading hubs.
Companies, trading firms and governments in 160 countries around the world trust Argus data to make decisions, analyse situations, manage risk, facilitate trading and long-term planning. Argus prices are used as trusted benchmarks around the world for pricing transportation, commodities and energy.
Founded in 1970, Argus remains a privately held UK-registered company owned by employee shareholders, global growth equity firm General Atlantic and Hg, the specialist software and technology services investor.
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