A trusted source and benchmark for price information and insight across key commodities markets worldwide. ICIS – Independent Commodity Intelligence Services – helps businesses through seamlessly delivering data and analytics, across the chemical, fertilizer and energy markets. ICIS helped to create the European Gas market, through its forerunner Heren Energy, hence the Heren Index and ICIS TTF, and we are confident that the ICIS Hydrogen Market Watch will help move the Hydrogen market a big step forward,” concludes Stones. If we are going to meet our decarbonisation targets, it is essential that we have transparency in this developing market. “While the future energy mix will be diverse, hydrogen has a big role to play. It will also include insights from across the hydrogen economy, such as articles and whitepapers, and will feature the ICIS Hydrogen Insights podcast series. This is a market-based assessment based on the pricing of ammonia. ICIS Hydrogen Market Watch will include an ammonia-to-hydrogen assessment, providing the cost of hydrogen from imported ammonia, which represents a large proportion of hydrogen production. The overview will also show the cost premium between low-carbon hydrogen and grey hydrogen.” “This new intelligence service will feature ICIS’ hydrogen assessment information for unabated Steam Methane Reforming (SMR), commonly referred to as “grey” hydrogen, low-carbon SMR and low-carbon Autothermal Reforming (ATR) and wholesale power market electrolysis. “Supporting investment decisions with a reliable insight about the market and pricing transparency will help bring clarity to the hydrogen market,” continues Stones. Although there is a lot of disparate information available, this weekly summary focuses on essential developments, giving market participants clear, actionable insights across policy, regulation and pricing. The hydrogen market is currently opaque, which hinders new entrants as they cannot gauge return on investment. ICIS is therefore producing this free weekly overview to support both price and information transparency to support market growth.” However, although there is already large hydrogen usage, there is not enough clarity to establish a global market on the level needed for the future. Jake Stones, Hydrogen Specialist at ICIS, said, “Hydrogen is one of the key enablers for the energy transition. The overview presents market participants with pricing information and coverage of core developments across policy, regulations and more, supporting them in making investment decisions in this important commodity for the future. The ICIS Hydrogen Market Watch acts as a central resource for market participants to monitor key developments in the nascent hydrogen market. The company was founded in 1906 and is headquartered in San Ramon, CA.London, 4 July 2023 – ICIS, a global source of commodity intelligence, today announced the launch of a new, free weekly hydrogen market overview, “ICIS Hydrogen Market Watch”. The Downstream segment consists of the refining of crude oil into petroleum products, the marketing of crude oil and refined products, the transporting of crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car, and the manufacturing and marketing of commodity petrochemicals and plastics for industrial uses and fuel & lubricant additives. The Upstream segment consists of the exploration, development, and production of crude oil and natural gas, the liquefaction, transportation, and regasification associated with liquefied natural gas, the transporting of crude oil by major international oil export pipelines, the processing, transporting, storage, and marketing of natural gas, and a gas-to-liquids plant. It operates through the Upstream and Downstream segments. engages in the provision of administrative, financial management, and technology support for energy and chemical operations.
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