As the Towarowa Giełda Energii (TGE) informs in the published announcement, TGE introduces two new monthly indices for the RES sector (TGeONSHOREm and TGePVm), based on the standard profiles of electricity production from onshore wind and photovoltaic sources in Poland.
At the same time, TGE will publish monthly indices: TGeBASEm, corresponding to the arithmetic average of the average weighted by the volume of hourly prices of the DAM, and TGeBASE_WAvg, corresponding to the average monthly price on the DAM weighted by the trading volume.
Defining the new indices will allow TGE both to expand the scope of published information in line with the expectations of market participants and to formalize monthly price indices based on the Day-Ahead Market.