On January 9, 2013, Argus launched new implied volatility curves for North American electricity and natural gas, expanding its suite of forward curve services. To establish the market value for electricity and natural gas locations and forward periods that stretch to a minimum of two years, daily assessments of the volatilities must use a wide range of data sources. When locations and terms are illiquid, the basis for establishing fair market values are locational spreads and time spreads. The new implied volatilities can be used to validate internal price curves, assess risk on energy transactions, forecast trends and evaluate physical and financial assets.
Data Sources: Argus | Effective Date: January 09, 2013