The European Energy Exchange (EEX) is entering into a partnership with the data solutions provider TYCHO Solutions to enhance transparency in the hydrogen markets.
Both parties will bring in their respective expertise to provide hydrogen-related data on the EEX Transparency Platform, by using TYCHO’s business intelligence tool NOVA.
TYCHO Solutions is a young start-up based in Mexico City which provides data solutions for renewable energy developers. The business intelligence tool NOVA is TYCHO’s latest development which has been established in collaboration with Marketz (an Enoi Group company) for collecting, analysing and keeping up-to-date information about hydrogen and related sectors. By displaying the trends, patterns and relationships in the hydrogen and energy ecosystems, the tool supports players within the hydrogen market to better understand the commodity dynamics to improve their decision making.
EEX’s Transparency Platform is one of Europe’s leading platforms for the disclosure of market relevant inside information and fundamental data. The platform displays information on power, natural gas, emissions and renewables, covering 14 countries, delivered by 158 direct reporting companies for even more market particpants.
Through their cooperation, TYCHO and EEX will provide trustworthy and relevant information on hydrogen markets on the EEX Transparency Platform.
As a first step, EEX and TYCHO envisage to make the price tool available on the EEX Transparency Platform in the course of Q3 2022.
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