Energy and metals information provider Platts, a division of McGraw Hill Financial, has introduced an updated version of its daily North America Mark-to-Market (M2M) natural gas and power forward curve products, extending durations to 10 years and offering regional packaging and new analytical data.
The expanded risk data products, now entitled Platts M2MS-Gas and Platts M2MS-Power, extend the former products' peak and off-peak forward curves from 36 months to 120 months for North America's 79 natural gas hubs and 48 power hubs and make available the data in five regional packages: M2MS-Gas - Gulf Coast, Northeast, Mid-Continent, Upper Midwest and West regions; and M2MS-Power - Electric Reliability Council of Texas (ERCOT), Southeast, Northeast, PJM/MISO (Pennsylvania, New Jersey, Maryland regional transmission operator/Midcontinent Independent System Operator) and West regions.
Through M2MS-Gas and M2MS-Power, Platts customers gain exclusive access to ICE settlement data, and this data is combined with Platts' extensive spot price history and sophisticated quantitative techniques to provide granular monthly forward curves for both liquid and illiquid trading hubs.
The Platts M2M and M2MS products were developed after consultation with a broad array of industry and market participants and are underpinned by Platts' structured methodologies, the details of which are available on the Platts website.
