Barclays offers indexes spark



Barclays Capital has launched the US Power Index, which is designed to track the national price of electricity across all actively traded markets in the US. The index can be used to hedge either regional or national wholesale power prices.

The index monitors the performance of peak power forward contracts over a range of maturities. Power prices from the most representative trading hubs in six actively traded US regions are weighted by historical annual peak electricity demand to create national

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