Platts M2M-Power is a broad industry-accepted electric power valuation used as a definitive mark-to-market, portfolio risk management, and strategic support resource for valuing short- and long-term physical and financial commodity contracts. Among other business activities, this data is utilized to validate other forward curves, evaluate investment decisions, resolve contractual disputes, conduct stress tests, and plan for resources.
Benefits
Platts M2M-Power underscores your commitment to efficient risk practices with robust checks and balances that come from an independently-provided, third-party benchmark.
- Risk management professionals can validate internally-generated forward curves as well as calculate value-at-risk (VaR), earnings as risk (EaR), cash flow a risk (CFaR), and other daily risk management measurement and reporting functions
- Middle and back offices can mark-to-market with confidence. They can model prices, calculate the current value of derivative instruments, forecast trends, and better evaluate physical and financial assets
- Risk management professionals can use independent and methodologically-transparent electric power daily forward price updates and historical datasets for key portfolio risk management functions around risk disaggregation and decomposition, stress testing, and scenario building
- Corporate finance can use longer-term electricity market price-related valuations for strategic asset optimization, mergers and acquisitions, and infrastructure investment decisions
- Legal departments can resolve legal or contractual disputes through the provision of standardized and industry-adopted independent valuations
Features
Platts M2M–Power covers 48 key electricity hubs in North America for peak- and off-peak periods, including short- and long-term forward curves. This product’s unique features include:
- North American electricity 36-month forward curves are based on direct market activity, improved by Platts’ proprietary models wherever there is limited market activity
- Produced monthly, the North American electricity 20-year forward curves are an industry price benchmark based on the most current regional forward assessments
The input data for the Platts M2M-Power product is sourced from Platts’ forward curves, editorial assessments, exchanges, and brokerage quotes. Assessments for illiquid hubs are based on statistical techniques that establish defendable proxy relationships between illiquid and liquid hubs. As a result, you receive the most timely, respected information available on electric power.
North American Power 36-Month Forwards*
Platts M2M-Power provides market-based, 36-month electricity forwards using Platts' proprietary pricing models wherever market activity does not support an assessment.
North American Power 20-Year Forwards**
Platts M2M-Power 20-year forward curve benchmark, which is based on the most current regional forward assessments, provides annual price projections for the next 20 years.
*Delivered daily
** Delivered monthly
Hub Coverage
| Hub Code | Description | NERC Region | Price Types |
| Central Region |
| EEC | AEP/Dayton | RFC | On/Off Peak |
| ETS | ERCOT - Houston | ERCOT | On/Off Peak |
| ETN | ERCOT - North | ERCOT | On/Off Peak |
| ETS | ERCOT - South | ERCOT | On/Off Peak |
| ETW | ERCOT - West | ERCOT | On/Off Peak |
| ECI | Into Cinergy | RFC | On/Off Peak |
| EEN | Into Entergy | SERC | On/Off Peak |
| ENI | MAIN-AltW | MRO | On/Off Peak |
| ESC | MAIN-So. Ill. | SERC | On/Off Peak |
| EMT | Manitoba/Sask. | MRO | On/Off Peak |
| EMI | Michigan | RFC | On/Off Peak |
| ECE | NI Hub | RFC | On/Off Peak |
| ESW | SPP | SPP | On/Off Peak |
| EPM | Minn Hub Pk TDt | MRO | On/Off Peak |
| EWM | Wisconsin | MRO | On/Off Peak |
| Eastern Region |
| ENG | East NY ZnG | NYISO | On/Off Peak |
| ENJ | East NY ZnJ | NYISO | On/Off Peak |
| EFG | Fla/Ga Border | FRCC | On/Off Peak |
| EFL | Florida | FRCC | On/Off Peak |
| ENK | Long Island | NYISO | On/Off Peak |
| EMH | Mass Hub | NEPOOL | On/Off Peak |
| ENC | NEPOOL-CT | NEPOOL | On/Off Peak |
| ENN | NEPOOL-North | NEPOOL | On/Off Peak |
| ENR | NEPOOL-RI | NEPOOL | On/Off Peak |
| EON | Ontario Pk | IMO | On/Off Peak |
| EPE | PJM East | RFC | On/Off Peak |
| EPJ | PJM West | RFC | On/Off Peak |
| EBG | PJM BGE Zone | RFC | On/Off Peak |
| EJC | PJM JCPL Zone | RFC | On/Off Peak |
| EPC | PJM PECO Zone | RFC | On/Off Peak |
| EPP | PJM PEPCO Zone | RFC | On/Off Peak |
| EPL | PJM PPL Zone | RFC | On/Off Peak |
| ESG | PJM PSEG Zone | RFC | On/Off Peak |
| EST | SERC-Southern | SERC | On/Off Peak |
| ESV | SERC-Vacar | SERC | On/Off Peak |
| ENA | West NY ZnA | NYISO | On/Off Peak |
| Western Region |
| EAL | Alberta | WECC | On/Off Peak |
| EBC | British Columbia | WECC | On/Off Peak |
| ECO | Calif-Oregon Border | WECC | On/Off Peak |
| EFC | Four Corners | WECC | On/Off Peak |
| EMD | Mead | WECC | On/Off Peak |
| EMC | Mid-Col | WECC | On/Off Peak |
| ENP | North Path 15 | WECC | On/Off Peak |
| EPV | Palo Verde | WECC | On/Off Peak |
| ESP | South Path 15 | WECC | On/Off Peak |
| EWE | WECC-East Colorado | WECC | On/Off Peak |
| EUT | WECC-Utah | WECC | On/Off Peak |
| EWC | WECC-Wyoming | WECC | On/Off Peak |
Subscription Add-on
Market Data – Electric Power
Upgrade your subscription to include Market Data- 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- 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 M2M-Power 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. You can receive Platts M2M-Power in either .txt or .csv files for easy integration into back-office and analytical databases.
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 M2M-Power through your existing vendor's delivery platform.
Multiple-user Subscriptions
Many clients purchase multiple subscriptions to ensure their entire staff has access to Platts information. We will work with you to make certain our distribution methods meet your specific needs. For details, contact your nearest Platts office.