CME futures contract live December 7th!
Interested in managing your water risk in California? Put this date on your calendar. The CME group announced today that “futures on the Nasdaq Veles California Water Index (NQH20) will be available for trading Dec. 7, pending regulatory review.” NQH20 is based in part on data derived from our own Waterlitix™ database. For background information on the […]
Is Northern Colorado the next water source for thirsty cities?
Brett Bovee, Regional Director of WestWater’s Fort Collins office, recently weighed in on the increasingly competitive Northern Colorado water market and discusses how the ever-growing Denver Metro area continues to push water share prices higher in its search for additional water supplies. Read the full story here.
WestWater’s Matt Payne breaks down CA water trends in Nasdaq
WestWater’s Matt Payne was recently interviewed for a #NASDAQ #TradeTalks episode, where he distills general California water market trends like how demand is driven, how demand has evolved over time, and how new tools can help manage price risk. Check out the interview to get a nice refresher on the market yourself!
CME futures contract paves way for better water management
You may have heard the exciting news about the CME group launch of the first-ever regulated, exchanged-traded risk management tool for water futures based on the Nasdaq Veles California Water Index (NQH20). The NQH2O index is based in part on data derived from our own Waterlitix™ database. Our water pricing database is a reflection of our past and present, […]
WestWater’s Brett Bovee talks northern CO water benchmarks
Brett Bovee discusses in a recent article in the Colorado Real Estate Journal why new ways to benchmark water prices in Colorado need to be developed as the gold standard of using prices for Colorado-Big Thompson Project (CBT) water doesn’t work as an index for many reasons. In addition to other points, he explains that the extremely […]
Podcast: Ripple Effect
Brett Bovee was recently a guest on a new water podcast called Ripple Effect hosted by Emily Lewis. This edition of the podcast focused on water markets, transactions, and considerations for developing water bank frameworks. Listen to the entire podcast here
Low Snowpack, Hot Spring Lead to Drought Declaration for Nearly Half of Washington State
On May 20th, Washington Gov. Jay Inslee declared drought for nearly half of Washington watersheds, as the mountain snowpack that churns through hydropower dams, irrigates our state’s orchards and provides for fish continues to dwindle well below normal. Read the full story here.
States Sign Short-Term Colorado River Drought Plan But Global Warming Looms Over Long-Term Solutions
The Colorado River just got a boost that’s likely to prevent its depleted reservoirs from bottoming out, at least for the next several years. Representatives of seven Western states and the federal government signed a landmark deal on Monday laying out potential cuts in water deliveries through 2026 to reduce the risks of the river’s […]
Front Range Housing Boom Sends Water Prices Soaring
Regional Director Brett Bovee recently spoke at the annual meeting of the American Water Resources Association Colorado chapter in Golden and offered critical insight into how the recent housing boom has affected water prices on the Front Range. Mr. Bovee leads WestWater’s Fort Collins, Colorado office and performs a variety of studies focused on water […]
WestWater Research Becomes Exclusive Data Provider for Nasdaq Water Pricing Index
Nasdaq Veles California Water Index tracks the price of water based on representative markets BOISE, Idaho — WestWater Research along with Nasdaq (Nasdaq: NDAQ), and Veles Water, announced the launch of the Nasdaq Veles California Water Index (NQH2O), the first of its kind water index that benchmarks the price of water in a way that […]