LONDON, Jan. 12, 2022 /PRNewswire/ -- Fastmarkets,
the industry-leading cross-commodity price reporting agency (PRA),
announced the expansion of its renewable energy products. Global
economies are making the critical transition to a low-carbon future
– striking the balance between economic performance and the hard
work to build a more sustainable world. Price data, forecasts, and
market intelligence are essential inputs for decision-makers and
investors that will propel this market forward.
But the reality is that the supply chains creating the critical
materials for renewable energy are volatile, often opaque, and not
fully understood by business leaders driving this agenda.
Fastmarkets is building on its existing data and market
intelligence in battery raw materials (BRM), biofuels, biomass, and
the infrastructure underpinning wind and solar, to expand our
renewable energy products.
This phase of the strategic expansion of Fastmarkets renewable
energy capability will result in more than 20 strategic hires in
our editorial, price reporting, and analyst teams and help to shape
and drive the renewable energy products into the market.
Fastmarkets' renewable energy products focus on six (6) key
outputs critical across the value chain including:
- News and intelligence to enable participants to keep pace with
a fast-moving market and to move beyond the headlines and hype to
get to the 'so what'
- Expanded price data in the feedstocks and constituent
components critical to batteries construction
- Battery cost models based on varying compositions and use cases
that provide transparency to the market
- Production capacity forecasts, by supply chain segment and
region, that are the critical insights to determine if and where
supply can match demand
- Long-term forecasts for the battery materials themselves
critical for strategic planning and investment theses
- Recycled material forecasts to understand the ability to source
end-of-life batteries and the ability to bring recycled materials
online
"Fastmarkets is a leader in renewable energy markets and today
we are building on our continued initiatives in the battery raw
materials space, notably with our lithium and cobalt benchmarks and
futures contracts to expand our renewable energy products," said
Raju Daswani, CEO of
Fastmarkets.
"The market is hungry for data and intelligence from experts
immersed in the industry to make critical decisions and we believe
the combination of our expertise and reach across the market will
truly differentiate our renewable energy products in the
market."
The global community – governments, commercial markets, and
citizens – are collectively driving to a low-carbon economy,
seeking the best paths to simultaneously deliver economic
performance today and transition to a more sustainable world.
Fastmarkets is building on its leadership in the lithium, cobalt,
and overall BRM markets to meet the strategic challenge of our
time. To see the full list of open positions in our editorial,
price reporting, and analyst teams, please visit
www.fastmarkets.com/careers.
ABOUT FASTMARKETS
Fastmarkets is the industry-leading
Price Reporting Agency (PRA) for global commodities, providing
price data, news, analytics, and events for the metals and mining,
forest products, and agriculture markets. Fastmarkets' data is
critical for customers seeking to understand and predict dynamic,
sometimes opaque markets, enabling trading and risk management.
Fastmarkets is a global business with a 130-year history built on
trust and deep market knowledge. Its team of more than 450 people
are located in global offices including London, Helsinki, Boston, New
York, Shanghai,
Beijing, Singapore, Brussels and São Paulo. Fastmarkets is part of
Euromoney Institutional Investor PLC (LSE: ERM), a listed company
on the London Stock Exchange. Euromoney is a leading international
business-to-business information group focused primarily on the
global commodities, banking and asset management markets.
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SOURCE Fastmarkets