S&P Global Energy Launches Nine Daily ERCOT Solar and Wind PPA Price Indices
S&P Global Energy has introduced nine daily Power Purchase Agreement price indices covering short- and long-term solar and wind PPAs across ERCOT’s North, South and West hubs. They leverage real-time data from REsurety’s CleanTrade platform and tie into a monthly report with supply, demand and price forecasts.
1. Launch of Daily ERCOT PPA Price Assessments
S&P Global Energy has rolled out nine daily price assessments for as-generated solar and wind Power Purchase Agreements in ERCOT’s North, South and West hubs. The new indices cover both short- and long-term contracts and reflect observed bids, offers and trades using Platts’ established editorial methodology.
2. Collaboration with REsurety's CleanTrade Platform
These assessments draw on exclusive real-time transactions data from REsurety’s CleanTrade platform, the only Commodity Futures Trading Commission-registered Swap Execution Facility for clean energy. This partnership enhances transparency and data integrity in renewable energy contract pricing.
3. Introduction of Monthly PPA Report with Forecasts
Daily PPA price assessments will be combined with forward-looking supply, demand and price forecasts from the Energy Horizons team into a new monthly North American PPA report. This report aims to support buyers and sellers in negotiating contracts and planning decarbonization strategies.