Platts launch of Italian baseload electricity assessments on September 3, 2012 reflects a significant increase in over-the-counter traded electricity volumes over the past 18 months, with forward volumes rising from 280 TWh in 2010 to 409 TWh in 2011.
As the electricity market liberalizes further following the Italian government’s energy reforms earlier this year, market interest in an independent OTC price reference from Platts has grown. Changes in the gas sector have also created the need for spark spread and clean spark spread assessments which Platts have launched alongside the baseload electricity assessments. Spark spreads measure the profit margin of gas-fired power plants after accounting for the cost of gas while clean spark spreads account for the cost of both gas and CO2.
The Italian baseload electricity assessments appear in Data Category EE - European Electricity.
Data Sources: Platts | Effective Date: September 03, 2012