Platts Publishes Latest Rankings of U.S. Electric Power Companies Industry Score Sheet and Analysis Featured in Platts Megawatt Daily
NEW YORK, May 30, 2014 /PRNewswire/ -- Platts, a leading global energy, petrochemicals, metals and agriculture information provider, today issued its latest analysis and compilation of wholesale electricity sales by more than 500 entities in North America. The rankings appear in Megawatt Daily, Platts' flagship North American electricity publication, and include each company's market share and additional information on power sales.
Exelon Generation and Shell Energy North America are ranked first and second, respectively, based on the most recent data filed with the Federal Energy Regulatory Commission (FERC), which reflects sales in the third quarter of 2013. NRG Energy and NextEra Energy Resources jumped in the rankings to the third- and the fifth-largest sellers, respectively, up from 14th and ninth in 2012. Calpine, already among the top sellers, ranked fourth in the third quarter of 2013.
The data, which Platts has been publishing for nearly 20 years, includes for the first time municipal utilities, consumer-owned electric cooperatives, and federally owned electric utilities, in addition to investor-owned electric utilities and power generators. These electricity sales rankings are published by Platts each quarter.
Federal regulators require the quarterly data to bring transparency to wholesale electricity markets, which play an important role in determining prices ultimately paid by consumers for electricity.
"Platts' detailed analysis brings transparency to FERC's raw data and makes it more accessible, understandable and applicable," said Paul Ciampoli, managing editor of Platts Megawatt Daily. "These rankings support and enhance our existing daily analysis and news coverage of numerous regional markets in both the U.S. and Canada."
Platts also uses the FERC data to analyze the growing role of renewable energy in wholesale power markets, Ciampoli added.
Platts also publishes the in-depth Megawatt Daily's Power Sales Analysis, a market-by-market and company-by-company comparison. Included are exclusive breakdowns of sales by company at more than 50 of the most active regional U.S. electricity trading hubs, providing a detailed view of market concentration and price at each. The report also offers a granular look at the location and prices of sales by each power seller.
For additional information, please contact Paul.Ciampoli@platts.com at 202-383-2281.
About Platts: Founded in 1909, Platts is a leading global provider of energy, petrochemicals, metals and agriculture information and a premier source of benchmark prices for the physical and futures markets. Platts' news, pricing, analytics, commentary and conferences help customers make better-informed trading and business decisions and help the markets operate with greater transparency and efficiency. Customers in more than 180 countries benefit from Platts' coverage of the biofuels, carbon emissions, coal, electricity, oil, natural gas, metals, nuclear power, petrochemical, shipping and sugar markets. A division of McGraw Hill Financial (NYSE: MHFI), Platts is based in London with approximately 900 employees in more than 15 offices worldwide. Additional information is available at www.platts.com.
About McGraw Hill Financial: McGraw Hill Financial (NYSE: MHFI), a financial intelligence company, is a leader in credit ratings, benchmarks and analytics for the global capital and commodity markets. Iconic brands include: Standard & Poor's Ratings Services, S&P Capital IQ, S&P Dow Jones Indices, Platts, CRISIL, J.D. Power and McGraw Hill Construction. The Company has approximately 17,000 employees in 29 countries. Additional information is available at www.mhfi.com.