Free ICIS seminar at Carbon Expo to show why EUA prices will double by 2015

12 May 2014

Established energy market intelligence provider, ICIS, will be hosting a must-see seminar on Day 2 of this year’s Carbon Expo, being held 28-30 May 2014 at Koelnmesse, Cologne.

The seminar is free-to-attend and will be presented by ICIS’ Director of Market Analysis, Jan Frommeyer, and lead analyst for EU ETS at ICIS, Philipp Ruf, who will provide trade-active carbon market professionals with exclusive insight into why ICIS expects EUA prices to double by 2015. Topics will include:

  • EU ETS – state of play
  • Impact of Backloading
  • Why fundamentals are secondary

“Carbon trading is undergoing significant change as the regulatory backdrop evolves, and there could be more changes on the horizon with market stability mechanisms under discussion,” states Jan Frommeyer, Director of Market Analysis at ICIS. “The start of Backloading resulted in volatility in Q1, but this has dissipated and with carbon trading at a more stable rate, we anticipate a steep upward trajectory for carbon prices in 2014. This will raise the profile of compliance players, provide fresh impetus to abatement projects, and place carbon trading back on the boardroom agenda.” 

ICIS employs a unique combination of quantitative and qualitative research and expert opinion to deliver detailed insight that not only addresses the carbon schemes themselves, but identifies important commonality and disparities. With a full understanding of market dynamics, including emerging upside or downside risks for the carbon price and the assumptions on which these are based, ICIS’ clients are ideally positioned to make informed trading decisions, perform in-house analysis and modelling and, ultimately, trade more profitably.

“Our unique Timing Impact Model provides clients with a more rounded perspective than conventional approaches and, most importantly, ensures they have the competitive edge,” continues Frommeyer. “We consider the timing of supply and demand coming to the market rather than just the magnitude of overall supply and demand of allowances. Crucially, we are able to explain why market participants are still prepared to pay a significant amount for allowances rather than close to zero, which would be the case taking only a fundamental view of the market.”

Frommeyer, who joined ICIS as part of the acquisition of Tschach Solutions in June 2013, led the development of the Timing Impact Model, a behaviour-driven market model for carbon markets. He holds a Diploma in Economics from the Karlsruhe Institute of Technology in Germany.

Philipp Ruf is lead analyst for the EU ETS at ICIS/Tschach Solutions, contributing to all policy-related research, modelling and analysis. Ruf also expanded the Timing Impact Model with a focus on changed behaviour of market participants and long-term market forecasts. He studied Business Engineering with a specialisation on financial engineering and power generation.

The ICIS seminar takes place on 29 May at 11am.

Jacqueline Savory
Senior Marketing Manager

Email: jacqueline.savory@icis.com

Direct: +44 208 652 4490
Mobile: +44 78256 80550

About ICIS

ICIS is the world's largest petrochemical market information provider and has fast-growing energy and fertilizer divisions. Our aim is to give companies in global commodities markets a competitive advantage by delivering trusted pricing data, high-value news, analysis and independent consulting, enabling our customers to make better-informed trading and planning decisions. We have more than 30 years' experience in providing pricing information, news, analysis and consulting to buyers, sellers and analysts.

With a global staff of more than 800, ICIS has employees based in Houston, Washington, New York, London, Montpellier, Dusseldorf, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Yantai, Tokyo and Perth. Some 350 of ICIS’s staff are journalists engaged in reporting market prices and news, and ICIS is fully committed to upholding the highest journalistic principles of verification, corroboration and authentication. ICIS has a compliance framework that along with its methodologies and business processes adheres to the requirements of the IOSCO PRA Principles.

ICIS is a division of Reed Business Information, part of Reed Elsevier Plc.

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