Point Carbon Expands into US Power Market

Energy and Environmental Analysis Firm Launches Power Market Trader PJM Product

WASHINGTON--(BUSINESS WIRE)--Point Carbon, a leading energy and environmental market analysis firm today launched its first power trading analytics tool for the North America market. This web-based platform is a continuation of the company’s Power Market Trader series, specifically targeting the PJM ISO market from real-time through the 15 day weather window.

Point Carbon’s Power Market Trader series is currently the preferred tool for traders in Europe, and Point Carbon has built its new North American PJM product off of the company’s successful history of PMT products for Nord Pool, EEX and APX. Today’s launch rolls out the first tool in a series for the North American power market, with more North American power products scheduled to be released this year.

The PJM product is a one-stop-shop, offering the most complete package for PJM traders, and it is built upon Point Carbon’s market leading models and web technology. The company believes that no other product can offer PMT’s complete array of services including weather information forecasted from an amalgam of sources, supply information and proprietary forecasts, demand information and proprietary forecasts, price information and proprietary forecasts and transmission information, exclusive to Point Carbon’s PMT. Unlike other systems which only include a morning snapshot of analysis, PMT continuously updates in real-time.

The company offers transparent methodologies behind all data and forecasts, which are completely downloadable for customers. Any additional questions can be addressed with one phone call to always present analysts who can further explain Point Carbon’s reports.

This transparency, along with Point Carbon’s holistic approach to power trading, results in more efficient trades that help power generators, traders and risk managers. Point Carbon's weather-driven approach focuses on providing confidence bounds on forecasts, which allows users to truly understand their return on investment in the product. The PJM trading analytics platform can also offer significant cost savings by providing market relevant data and forecasts in a single and self-consistent platform, as opposed to forcing power traders and utilities to subscribe to several services.

About Point Carbon

Point Carbon is a world-leading provider of independent news and market analysis for European and global power, gas and carbon markets. Point Carbon’s comprehensive services provide professionals with market-moving information through monitoring fundamental information, key market players, and business and policy developments.