Platts Launches 1st-of-type Power Purchase Agreement Price Assessments - Powered by REsurety's CleanTrade -- for North American Renewable Power Markets and New Monthly S&P Global Energy North American PPA Report
Enhances Transparency as PPA Use Expands Amid Rising Clean Energy Demand, Rising Power Needs, and Policy Uncertainty
The transparent Platts North American renewable PPA price assessments, made possible through collaboration with clean energy data-driven solutions and marketplace provider REsurety and exclusive access to real-time transaction data from its CleanTrade platform, are published daily and will be combined with forward-looking supply, demand and price forecasts from the analysts of the
The new independent PPA price assessments will augment Platts' pre-existing suites of power market price assessments that support clean energy strategies, including Platts European PPA price assessments, Platts US power forward curves and Platts US Renewable Energy Certificate (REC) price assessments.
"We're pleased to announce these new Platts Power Purchase Agreement price assessments that are powered in part by the transactions data on REsurety's CleanTrade platform," said
This launch of new price assessments and new monthly report comes at a time of rapidly shifting policies, growing power demand, and growing clean energy capacity, all of which are contributing to widely fluctuating prices across regions and technologies. Power Purchase Agreements increasingly are turned to by buyers and sellers as a key means of managing risk.
The launch includes nine new daily price assessments that reflect the value of short- and long-term power purchase agreements in solar and wind, for the north, south and west hubs of the
The new price assessments are as follows:
- Platts ERCOT North Hub Solar Long-Term As-Generated PPA Index
- Platts ERCOT North Hub Solar Short-Term As-Generated PPA Index
- Platts ERCOT North Hub Wind Short-Term As-Generated PPA Index
- Platts ERCOT South Hub Solar Long-Term As-Generated PPA Index
- Platts ERCOT South Hub Solar Short-Term As-Generated PPA Index
- Platts ERCOT South Hub Wind Short-Term As-Generated PPA Index
- Platts ERCOT West Hub Solar Long-Term As-Generated PPA Index
- Platts ERCOT West Hub Solar Short-Term As-Generated PPA Index
- Platts ERCOT West Hub Wind Short-Term As-Generated PPA Index
Clean energy buyers, sellers, developers, producers, financiers and other market players can benefit from transparent PPA pricing data to better understand investments, assess the viability of projects, negotiate competitive contracts, and better plan effective and resilient decarbonization strategies.
REsurety is the leading provider of data, software, and services to the clean energy economy, and operates the only transactional marketplace for clean power. Trusted by the industry's leading buyers, sellers, and investors, REsurety's proprietary data models, powerful technology platforms, and deep domain expertise empower confident, impactful decision-making and efficient, effective portfolio management.
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