M2M-Power is an independent, unbiased tool that's a regionally comprehensive and industry-accepted standard for objective price valuations. It's the definitive mark-to-market, portfolio risk management and strategic decision support resource for normalized short-and long-term electricity contract valuations.
Features
- The standard for electricity price benchmark information providing you with clear and informed valuations to support investment and trading decisions.
- Market-based, 36-month electricity forwards, using Platts proprietary models whenever market activity does not support an assessment.
- 20-year forward curve, based on the most current regional forward assessments.
Who Should Buy
Risk managers, compliance officers, back-office operations managers and those involved in the auditing and clearing of transactions can leverage Platts M2M-Power as a strategic tool for reporting, as well as asset and investment management.
Benefits
The standard for electricity price benchmark information, Platts M2M-Power delivers clear and informed valuations to support investment and trading decisions. It's an unsurpassed tool, providing objective evidence that your marks and prices fall within the zone of reasonableness, and that your hedges meet performance expectations. Platts M2M-Power underscores your commitment to efficient risk practices with reliable checks and balances that belong to an independently provided third party benchmark.
- Daily mark-to-market outsourcing or independent validation of internal marks around the daily trading functions
- Reliable and back-tested historical data can be used for value at risk (VaR), EaR or CFaR or other daily risk management measurement and reporting functions
- Independent and methodologically-transparent daily forward price updates and historical datasets can be used for key portfolio risk management functions around risk disaggregation and decomposition, stress testing and scenario building
- Longer-term market price-related valuations can be used for strategic asset optimization, M&A and infrastructure investment decisions
- Assistance in resolving legal or contractual disputes through provision of standardized and industry-adopted independent valuations
- Supporting collateral management under credit (counterparty exposure management) risk or exchange settlement functions
North American Power 36-Month Forwards*
Platts M2M-Power provides market-based, 36-month electricity forwards using Platts' proprietary models wherever market activity does not support an assessment.
North American Power 20-Year Forwards**
Platts M2M-Power 20-year forward curve benchmark, which is based on the most current regional forward assessments, provides annual price projections for the next 20 years.
*Delivered daily
** Delivered monthly
Hub coverage
| Region | Hub Code | Description | NERC Region | Price Types |
| Central | EEC | AEP/Dayton | RFC | On/Off Peak |
| Central | ETS | ERCOT - Houston | ERCOT | On/Off Peak |
| Central | ETN | ERCOT - North | ERCOT | On/Off Peak |
| Central | ETS | ERCOT - South | ERCOT | On/Off Peak |
| Central | ETW | ERCOT - West | ERCOT | On/Off Peak |
| Central | ECI | Into Cinergy | RFC | On/Off Peak |
| Central | EEN | Into Entergy | SERC | On/Off Peak |
| Central | ENI | MAIN-AltW | MRO | On/Off Peak |
| Central | ESC | MAIN-So. Ill. | SERC | On/Off Peak |
| Central | EMT | Manitoba/Sask. | MRO | On/Off Peak |
| Central | EMI | Michigan | RFC | On/Off Peak |
| Central | ECE | NI Hub | RFC | On/Off Peak |
| Central | ESW | SPP | SPP | On/Off Peak |
| Central | EWM | Wisconsin | MRO | On/Off Peak |
| Eastern | ENG | East NY ZnG | NYISO | On/Off Peak |
| Eastern | ENJ | East NY ZnJ | NYISO | On/Off Peak |
| Eastern | EFG | Fla/Ga Border | FRCC | On/Off Peak |
| Eastern | EFL | Florida | FRCC | On/Off Peak |
| Eastern | ETV | Into TVA | SERC | On/Off Peak |
| Eastern | ENK | Long Island | NYISO | On/Off Peak |
| Eastern | EMH | Mass Hub | NEPOOL | On/Off Peak |
| Eastern | ENC | NEPOOL-CT | NEPOOL | On/Off Peak |
| Eastern | ENN | NEPOOL-North | NEPOOL | On/Off Peak |
| Eastern | ENR | NEPOOL-RI | NEPOOL | On/Off Peak |
| Eastern | EON | Ontario Pk | IMO | On/Off Peak |
| Eastern | EPE | PJM East | RFC | On/Off Peak |
| Eastern | EPJ | PJM West | RFC | On/Off Peak |
| Eastern | EST | SERC-Southern | SERC | On/Off Peak |
| Eastern | ESV | SERC-Vacar | SERC | On/Off Peak |
| Eastern | ENA | West NY ZnA | NYISO | On/Off Peak |
| Western | EAL | Alberta | WECC | On/Off Peak |
| Western | EBC | British Columbia | WECC | On/Off Peak |
| Western | ECO | Calif-Oregon Border | WECC | On/Off Peak |
| Western | EFC | Four Corners | WECC | On/Off Peak |
| Western | EMD | Mead | WECC | On/Off Peak |
| Western | EMC | Mid-Col | WECC | On/Off Peak |
| Western | ENP | North Path 15 | WECC | On/Off Peak |
| Western | EPV | Palo Verde | WECC | On/Off Peak |
| Western | ESP | South Path 15 | WECC | On/Off Peak |
| Western | EWE | WECC-East Colorado | WECC | On/Off Peak |
| Western | EUT | WECC-Utah | WECC | On/Off Peak |
| Western | EWC | WECC-Wyoming | WECC | On/Off Peak |
Basic Delivery
M2M-Power is delivered in the same way as Dispatch Data files – either direct via FTP or via web delivery. You can receive M2M-Power in either .txt or .csv files for easy integration into back-office and analytical databases.
Delivery Partners
Platts partners play a critical role to help ensure your company's success. We're pleased to have cooperative partnerships with the world's leading data delivery and analysis companies to help you extend the value of the information we provide throughout your organization. Please contact your nearest Platts office to discover whether you can access M2M-Power through your existing vendor's delivery platforms.
Multiple-user Subscriptions
Many clients purchase multiple subscriptions to ensure their entire staff has access to Platts information. We'll work with you to make certain our distribution methods meet your specific needs. For details, contact your nearest Platts office.