Argus Guarantee Of Origin Prices Available Through Trayport Joule
Trayport Limited TMX Trayport, a wholly-owned subsidiary of TMX Group, and Argus, the leading independent provider of market intelligence to the global energy and commodity markets, today announced a collaboration to provide Argus Guarantee of Origin GO benchmark prices through TMX Trayports Joule.
Joule is the leading global electronic solution for over 9,500 traders of European energy commodities and environmental markets. Argus End of Day EoD Guarantee of Origin prices bring transparency to opaque and fragmented Energy Attribute Certificate markets and will be available within the Joule screen, accompanied by historical data and visualisation tools.
GOs certify electricity based on the source of generation. Argus independent GO price assessments reflect confirmed transactions as well as bids and offers across a wide range of market sources. Argus publishes GO prices for commonly traded wind, solar, hydro and other technology-backed certificates. These support the development of a voluntary renewables market by representing fair value for core GO products that are available through the Joule solution.
TMX Trayport CEO, Peter Conroy said As companies seek to reduce their emissions, specific insights into pricing and market trends are essential for greater transparency and market growth. Argus data and insights are used globally as benchmarks for pricing energy and other commodities. He continued Working together with Argus is part of our commitment to develop and enhance our solutions to meet the needs of our customers. Adding Argus EoD GO pricing into the Joule screen will allow users to access more information in one convenient location, making it easier to stay up to date with pricing and market trends.
Argus Media chairman and chief executive Adrian Binks added The importance and market adoption of Energy Attribute Certificates continues as companies strive to meet sustainability challenges. Argus is committed to enhancing price transparency in these growing markets to help build trust throughout the supply chain. The inclusion of our GO prices on Trayports market leading Joule platform will help participants access this key information within their workflow environment.