At present, in the energy market, multiple prices are being discovered at different points in time for a common delivery or even at the same point in time for multiple time periods of delivery. This is not only confusing but also do not bring out the true price in the market. Therefore, it is essential for the time of delivery and the place of delivery to be harmonized into a single price to serve as the benchmark for the markets.
A forward curve on the reported data will assist market participants to plan better and contribute to resource adequacy.
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