On March 31, 2014, Platts will refocus its U.K. annual power assessments to reflect changing trading patterns in the electricity market as forward delivery periods migrate to the Gregorian calendar. Platts will launch daily baseload and peakload assessments of year-ahead calendar power for delivery from January 1-December 31, assessed as a midpoint only. Platts will also discontinue its April annual baseload and peakload assessments—which cover the forward period from April to March—when the April 2014 contract expires on March 28, 2014.
The graph above, which was created in ZEMA using NYMEX data, depicts U.K. annual peak prices against U.K. annual base prices in euros per megawatts (Euro/MW).
ZEMA collects many electricity market reports from Platts. ZEMA collects market data as soon as it is released, ensuring that ZEMA users have up-to-date European power market data. To learn more about ZEMA’s advanced data collection functionalities, visit http://www.ze.com/the-zema-solutions/data/.
Data Sources: Platts | Effective Date: March 31, 2014