Hungarian OTC power assessments

Following industry consultation, Platts has decided to launch daily assessments of the following Hungarian baseload electricity contracts on September 1, 2011: day-ahead, weekend, week-ahead, month-ahead, quarter-ahead, year-ahead.

Platts will apply the market on close methodology in line with all other European electricity assessments.

Qualifying trades will be 5-25 MW for prompt (day-ahead, weekend and week-ahead delivery) and 5-25 MW in 5 MW increments for forwards.

Please send comments to power@platts.com and cc: to pricegroup@platts.com.