Standardising electricity contracts
Electricity contracts have come and gone, but a new trio of financially settled futures contracts aims to widen the electricity market, reports James Ockenden
The 40-megawatt-hour (MWh) contracts are based around the Pennsylvania-New Jersey-Maryland (PJM) hub – one is based on a daily floating price for each peak day of the month, one on a daily floating price for each peak day of the week and one
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