Platts-ICE Forward Curve-Electricity (PFC-Electricity) is an independently derived, broad set of forward price curves tailored to meet the trading community’s growing risk management needs in the electricity arena.
Benefits
PFC-Electricity allows you to more easily complete your daily risk management tasks, from data validation to valuations:
- Calculate meaningful electric power market risk metrics, such as Value-at-Risk (VaR)
- Run mark-to-market valuations with timely, independently-sourced assessments provided on a daily basis
- Comply with regulations and mitigate regulatory risk by receiving a source of independent valuations
- Model future prices, forecast power pricing trends, and better evaluate assets
- Make hedging decisions to stabilize future cash flows
- Assess electricity price risk with greater precision and track important market pricing developments
Features
PFC-Electricity provides assessments of forward prices for commonly traded packages across all key trading hubs in North America. Characteristics of this product include:
- Daily price assessments of forward prices at 20 key electricity trading hubs in North America, going out four years.
- Data for the Eastern, Central, and Western US markets is provided as market-standard seasonal packages and calendar assessments
- Electricity forward assessments for on- and off-peak delivery
- Daily power market commentary and analysis on forward markets
The product combines the data-gathering power and expertise of both Platts and Intercontinental Exchange (ICE). Platts also uses Chicago Mercantile Exchange (CME)/New York Mercantile Exchange (NYME) intraday and end-of-the-day prices, broker quotes, and direct quotes from market participants to provide forward curve assessments.
Packages
For the Eastern and Central markets, daily on- and off-peak price assessments are formulated for the prompt-month, second month, third month, balance-of-the-year in seasonal packages, two full years in seasonal packages, and four calendar years.
Seasonal packages include the January-February winter package, the March-April spring package, May, June, the July-August summer package, September and the fourth quarter.
For the Western markets, daily on- and off-peak packages are formulated for the prompt month, second month, third month, balance-of-the-year in quarters, two full years in quarters, and four calendar years.
Daily electricity forward assessments are formulated for key trading hubs and markets, including:
| NERC Region | Hub Name | Hub Code |
| Central |
| ERCOT | ERCOT - South Editorial | ETH |
| ERCOT | ERCOT - North | ETN |
| ERCOT | ERCOT - Houston | ETS |
| ERCOT | ERCOT - West | ETW |
| RFC | NI Hub | ECE |
| RFC | Into Cinergy | ECI |
| RFC | AEP/Dayton | EEC |
| SERC | Into Entergy | EEN |
| Eastern |
| IMO | Ontario | EON |
| NEPOOL | Mass Hub | EMH |
| NYISO | West NY ZnA | ENA |
| NYISO | NY ZnG | ENG |
| NYISO | NY ZnJ | ENJ |
| RFC | PJM West | EPJ |
| SERC | EST | SERC-Southern |
| Western |
| WECC | Mid-Col | EMC |
| WECC | North Path 15 | ENP |
| WECC | Palo Verde | EPV |
| WECC | South Path 15 | ESP |
| WECC | Mead | EMD |
Subscription Add-on
Market Data - Electric Power
Upgrade your subscription to include Market Data- Electric Power. With one click of the mouse, you will have access to the latest electricity price assessments in a data-point format that is easy to import and analyze. Market Data-Electric Power also provides:
- End-of-day assessments
- Third-party data
- Rolling 45-day historical database for key assessments
This is the most efficient and reliable way to receive Platts’ industry-standard benchmark assessments. For further information, please contact Platts Sales.
Purchase and Delivery Options
Costs
For more information about the price of this product, please contact your nearest Platts office. Many clients purchase multiple subscriptions to ensure their entire staff has access to Platts’ information. We will work with you to ensure that your staff is appropriately licensed, the correct discount levels is received, and our distribution methods meet your specific needs.
Basic Delivery
You can receive PFC–Electricity on your PC via Platts' proprietary platform Platts on the Net or over EMIS. EMIS is a browser-based platform incorporating an easy and intuitive navigation scheme, including user-defined layouts and an improved search engine.
If you subscribe to Electricity Alert, you have the option of adding PFC-Electricity to your package as an add-on.
Delivery Partners
Platts partners play a critical role to help ensure your company's success. We are pleased to have cooperative partnerships with the world's leading data delivery and analysis companies to help you extend the value of the information we provide throughout your organization. Please contact your nearest Platts office to discover whether you can access PFC-Electricity through your existing vendor's delivery platform.