Argus Introduces Forward Curves Through ZEMA
HOUSTON, Feb. 21, 2012 /PRNewswire/ — Global energy price reporting agency Argus has introduced North American electricity and natural gas forward curves through ZE PowerGroup Inc (ZE). ZE is the developer of ZEMA Suite, a robust data management platform designed for energy and commodities markets. ZEMA is the first enterprise data management solution to introduce Argus forward curves since they were launched in January 2012.
Argus’ new suite of services cover: North American Natural Gas Forward Curves, North American Electricity Forward Curves, Electricity/Natural Gas Correlation Curves and Electricity Forward Heat Rate Curves. The new services provide a minimum of seven years forward monthly values for all major natural gas and electricity markets across North America.
“We are delighted to have ZE as a vendor partner for Argus forward curves services,” Argus Media chairman and chief executive Adrian Binks said. “Argus’ new forward curves provide an authoritative and independent source of valuation for electricity and natural gas markets across North America. We believe these services will offer ZE’s customers a definitive risk management tool to support investment and trading decisions.”
Argus forward curves are a useful tool for all energy trading functions, including the front, mid and back office. They can also be used to support investment decisions. Forward curves can be used in mark-to-market accounting as well as in numerous analytical applications such as value-at-risk, potential future exposure, regressions and scenario analyses.
Argus uses data from multiple market sources to produce curves for liquid locations and forward terms. Argus uses completed transactions and market bid-offer spreads to assess price at liquid points. Statistical techniques using time and locational spreads are employed to determine value at illiquid locations.
Argus forward curve methodologies are available online at: http://www.argusmedia.com/Methodology-and-Reference
Request more information
Gabriela Alcocer from Argus
P: +1 713 968 0000
Bruce Colquhoun from ZE PowerGroup
P: +1 604 790 3299
Argus Media is a leading provider of price assessments, business intelligence and market data on the global crude, oil products, natural gas, electricity, coal, emissions, bioenergy, fertilizer and transportation industries. It is headquartered in London and has offices in Houston, Washington, New York, Portland, Calgary, Johannesburg, Dubai, Singapore, Tokyo, Beijing, Sydney, Moscow, Astana, Kiev, Santiago and other key centers of the energy industry. Argus was founded in 1970 and is a privately held UK-registered company.
Learn more at: http://www.argusmedia.com
About ZE PowerGroup Inc.
ZE is an experienced software and strategic consulting firm that combines energy industry expertise with advanced software development capability. The company possesses deep industry knowledge and comprehensive operational experience. ZE is the developer of ZEMA Suite, a sophisticated Enterprise Data Management and Analysis solution built to meet the specific challenges of energy and commodity market participants.
SOURCE Argus Media