CommodityPoint and Global Change Associates
Release Emissions Trading & Monitoring Software Study
For Immediate Release
Brno, Czech Republic & New York City, New York, USA-December 9, 2009-Greenhouse Gas (GHG)emissions have been receiving much attention recently as the change in U.S. Administration along with President Obama's declarations on the matter appear to mean a change in the stance of one of the largest polluting nations. Meanwhile, other initiatives have taken place both within the United States, Europe and in others regions of the world. At this time, despite continued uncertainties, we may well stand on the precipice of an era in which Carbon becomes a globally traded commodity and in which companies, particularly energy companies, are forced to monitor, track, report and reduce their GHG and other emissions.
Against this regulatory and legislative background, two software categories stand to benefit as companies seek to capture their carbon footprint, report on their emissions and trade various instruments to manage their emissions profile and allowances or simply profit from speculative trading in those instruments. Those two software categories are CTRM software for emissions and Emissions Monitoring software. The new report then examines the current regulatory and legislative position and the drivers behind developing this market concluding that regulatory certainty is required to drive the market to the tipping point. It then examines the software market itself concluding that both segments are relatively immature and finally provides a list of many of the vendors and products in the space currently.
"In undertaking the study we were particularly interested in the coming clash of the Emissions Monitoring and Missions Trading vendors," stated Dr. Gary M. Vasey, Managing Director, Europe & Asia- Pacific, CommodityPoint, A Division of UtiliPoint International, Inc. "In reality, while there will need to be integration between the two types of software, we feel that the evidence suggests that the existing CTRM vendors will have a relatively easy task of adding GHG trading and risk management functionality in to their software and will continue to own that part of the business. As the Emissions Monitoring side develops and matures it will naturally leave an area of functionality related to tracking and managing allowances that can be likened to the 'logistical' side of managing Carbon. This area will likely be fertile ground for new players such as IHS but may also be tackled by CTRM vendors."
"Admittedly, it is still in the early stages of market development, but we feel that environmental software for emissions monitoring and trading will become a major new area of business development for software companies globally," said Peter C. Fusaro, Chairman, Global Change Associates Inc. "Our study has identified a need for such software as most companies have not deployed environmental software on an enterprise level yet."
The report is available for purchase at $1,500 at www.commoditypointstore.com and http://www.utilipoint.com/.
The report includes a comprehensive list of software vendors and their existing environmental software applications.
The study was kindly sponsored by IHS, Locus Technologies, Navita, NirvanaSoft, SunGard and VisionMonitor.
About CommodityPoint
CommodityPoint is a division of leading energy and utilities analyst and consulting firm, UtiliPoint International, Inc www.utilipoint.com. CommodityPoint provides Commodity Trading & Risk Management (CTRM) research, analysis and consulting services. Our services bring insight into business issues, trends, processes and technology, to energy companies, utilities, banks, brokers, funds, investors and vendors, enhancing their competitive position and supporting critical business decisions. CommodityPoint has been formed to bring focus and clarity to the broad array of issues surrounding the wholesale trading of commodities. Our team provides expert analysis of market trends and, in particular, the technologies and applications supporting those that participate in regional or global commodity markets. Our principal analysts, Dr. Gary Vasey and Patrick Reames, bring years of practical experience to their roles. With offices in Europe and the United States, and backed by an experienced research team, our organization provides an unparalleled view of the marketplace. http://www.commodity-point.com/.
About Global Change Associates
Global Change Associates was founded in 1991 by Peter C. Fusaro to focus on the convergence of energy and environmental financial markets. Peter is a recognized "thought leader" on energy and environmental markets, and he provides advisory to many companies on dealing with the impacts of climate change, clean technology and renewable energy for his clients. GCA's focus is on recognizing opportunities in both sustainable energy and environmental projects for financial services companies such as hedge funds and investment banks and for venture capital in cleantech and renewable energy. Peter published the first studies on green trading markets, energy hedge funds, Enron and energy e-commerce. He holds the 9th Annual Wall Street Green Trading Summit in New York on March 23 and 24, 2010 (www.wsgts.com ) His intellectual curiosity and market intelligence is second to none due to his extensive global network of energy and environmental industry experts. http://www.global-change.com/
About UtiliPoint® International, Inc.
UtiliPoint is a leader in providing analysis and consulting services to the energy and utility industry. Our 76-year history and over 500 clients worldwide have led us to currently operate as an energy and utility consulting and issues analysis firm. Our staff is comprised of leading utility and energy experts with diverse backgrounds in utility generation, transmission & distribution, retail markets, mergers and acquisitions, new technologies, venture capital, information technology, outsourcing, renewable energy, regulatory affairs, and international issues. http://www.utilipoint.com/
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