01 Sep 2011 | 02:06 UTC — London

Hungarian baseload power assessments launched September 1

Following industry consultation, effective September 1 Platts has launched daily assessments of the following Hungarian baseload electricity contracts: 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.