The global hydrogen generation market is expected to grow at a compounded annual growth rate of close to 6% p/a from 2021 to 2028 to reach over USD 180.00 billion by 2028. As a compliment to the wider well established low carbon product lines, Numerco is positioning itself as a global supplier within this growing supply chain, along with exploring small scale opportunities to vertically integrate upstream.
Effective 2020, the UN International Maritime Organisation has reduced the cap on the sulphur content of marine fuel from 3.5% to 0.5%. This transition to a cleaner lower sulphur fuel has had significant implications on the shipping industry at all levels and resulted in large scale increases in the consumption of low sulphur distillate DMA fuels.
Numerco’s team is dedicated to facilitating cargos and supplying barges of low sulphur marine gasoil, along with providing the consumers with the capacity to offset the greenhouse gasses resulting from the combustion of this fuel baked into the fuel cost. Focussing not only on the liquid North West European hubs, but also on the broader regional coaster and cargo markets across the UK, Scandinavia, Mediterranean and West Africa, we aim to constantly monitor relative pricing, with the objective of identifying and smoothing regional differences to produce the most economical supply options to our clients.
Companies and governments increasingly look to enhance their brands with actions that have wider environmental and social impacts. This, coupled with growing pressure to reduce global greenhouse gasses, has ensured voluntary carbon offsetting is now an important tool for reducing unavoidable emissions while supporting wider sustainable development objectives during the decarbonising process.
Numerco has been a premier wholesale supplier to the global offset community since inception thanks to an extensive reach of emission reduction projects, combined with direct investments in the development of new projects across the planet. Specialising in international voluntary markets with an in-depth knowledge of regional programmes and industry-wide schemes, we are proud to have over 200 partners in 38 countries worldwide.
As a winner of Environmental Finance’s Voluntary Carbon awards in each consecutive year from 2014 to 2020, our customers can be assured of unparalleled access to the evolving environmental commodity markets, including VCS, Gold Standard, CAR, RECs and PPAs. Numerco clients can also utilise our integrated carbon footprinting, portfolio construction, offset trading and reporting building tool CarbonMetrics, which includes real-time project prices, associated media links and our wholesale VER price indices going back over 8 years.
For further information on our activity, or for access to our pricing see our real-time market prices page.
Boasting over 40 years of collective experience in the nuclear fuel industry, the Numerco team has developed long term relationships with utilities across the globe as well as supply channels spanning the scope of the supply chain. This reach, coupled with a comprehensive understanding of both the supply cycle and finance, ensures we can efficiently bridge the market preferences for location, form and duration, and present the sharpest possible pricing.
Our daily activity results in the generation of market data from which we neatly organise live spot and forward pricing information on all the components of the nuclear fuel cycle, from Uranium Oxide “U3O8” through to Enriched Uranium Product “EUP”. This information, disseminated in real-time via our website, mobile apps and a daily snapshot email, is utilised extensively for pre-transaction analytics, post trade risk management and resource valuations.
Get in touch to find out more about our services in this space or to gain access to our channels for real-time uranium pricing information. To login to the pricing portal, click here.