Welcome to Energy Curves

For years, utilities, producers, end-users, trading companies, banks, energy merchants, regulators, and other market participants have searched for a reliable source of price data to calculate risk.

Four of the largest OTC gas and power brokers in North America have made that search easier through EnergyCurves, LLC. EnergyCurves combines the end of day indicative price reports of Amerex, ICAP, Prebon, and TFS into one comprehensive and standard product for gas and power mark-to-market valuations.

The EnergyCurves solution gives you:
	Indicative, un-biased independent broker data
	Marks for the most widely traded North American gas and power markets
	Monthly as well as seasonal tenors
	Flexible delivery methods to you and your systems
	Bid/Ask format that complies with proposed FASB rule changes
	Enterprise wide as well as per user based purchase solutions

According to Robert Anderson, Executive Director of the Committee of Chief Risk Officers, “The use of aggregated, independent broker data for the construction of forward curves will be a very positive development for energy merchants and the energy markets they compete within. Because they are ultimately used to perform mark-to-market calculations, incorporating independent broker data as well as model data will greatly improve the robustness of the whole process. In its MPI white paper, the CCRO listed desirable attributes in the data gathering and submission process for spot market prices as:

	Representative and Complete
	Robust and Reliable
	Confidential
	Independent and Objective
	Accountable
	Maintain Integrity
	Auditable
	Consistent
	Transparent
	Clear
	Accurate
	Documented and Accepted
	Timely and Regular

All of these same attributes are applicable to the data transmission process for forward curves. Particularly important is the ‘independence’ attribute. Having the data compiled by a third-party source outside of the front office, and then submitted to an independent data aggregator will significantly increase the confidence in the data that all users have”.

Currently, companies gather broker quotes, futures quotes and historical spot pricing from participants in the energy industry in order to internally generate forward price curves to mark their books to market in accordance with accounting standards.

EnergyCurves simplifies the generation of forward price curves with unbiased data from the most active energy brokers and allows for a seamless interface for data to be sent to customers.