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31 Jan 2019 | 18:17 UTC — Houston
S&P Global Platts has eliminated deal count, volume thresholds and limit on transaction size used for producing North American bilateral electricity indexes and assessments, starting Thursday for flow date February 1.
This launch follows a decision note sent January 22, which can be viewed at https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/012219-pl atts-to-eliminate-deal-count-volume-thresholds-limit-on-trade-size-for-north-a merican-power-indexes.
Platts publishes indexes representing the volume-weighted averages of all trades and publishes volumes for locations with robust trading activity.
For less liquid markets, Platts examines reported, transactional-level information to gauge whether it is representative of the day's trading activity and decides whether to publish a volume-weighted index. If Platts deems transactions are not representative of that day's trading activity, Platts assesses a price and does not publish any volume.
Platts has also eliminated the 25 MW standard deal size and includes transactions of any size when formulating indexes and assessments.
Please send all feedback and questions to electricityprice@platts.com and pricegroup@spglobal.com.
For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.