FastLMP

Harness the power of advanced analytics to produce consistent LMP (locational marginal price) basis forecasts across most nodes in US power markets—through an easy point-and-click interface.

Today, many analysts who develop power projects or evaluate portfolios for investment utilize zonal price forecasts adjusted by a simple nodal basis assumption for their early project scoping. Full nodal modeling is cost prohibitive.

The advanced data and analytics in our FastLMP product provides a more accurate, more advanced view of total LMP forecasts by combining hourly LMP (Locational Marginal Price) basis history for two critical wholesale power markets, PJM and ERCOT, and S&P Global zonal power forecasts out to 2050. We also provide thermal power plant characteristics.

We bridge the gap between simple methods and full nodal modeling, helping customers obtain better pricing and nodal risk information earlier in their project lifecycle and more easily identifying profitable opportunities.

What Makes Us Different?

Consistent LMP basis forecasts across an entire power market: While nodal engineering dispatch models typically lack the data to produce a fully consistent LMP basis forecast across an entire power market, the FastLMP forecast is consistent—it is deeply rooted in historical relationships and a set of key drivers.

LMP basis forecasts aligned with the S&P Global comprehensive power outlook: The zonal prices to which the LMP basis forecasts are referenced and the drivers of future LMP basis are consistent with the S&P Global comprehensive power outlook out to 2050.

Bringing all nodal prices to customers' fingertips: Through simple point, click, visualize, and data export steps, FastLMP users can quickly identify, obtain, and use the historical and forecast LMP (and LMP basis) data of interest to them.