Subscriber note: Platts clarifies Polish day-ahead power assessment

Platts introduced daily baseload and peakload Polish power assessments on July 1, 2010, designed to reflect the growth in the Polish power market for OTC products for physical delivery. Liquidity has grown in various periods but remains limited in the day-ahead (DA) period, where the market tends to trade on the Polish Power Exchange (POLPX) due to volume obligations mandated by the government and three settlement periods. Platts intends to maintain the DA assessment in anticipation of future liquidity growth, as the market structure changes in line with market coupling initiatives in the EU. Platts wishes to clarify that in the absence of OTC liquidity, the settlement of DA baseload and peakload prices published by POLPX are strong indicators of market value and can be used in the assessment process when appropriate.