Command Palette

Search for a command to run...

Market prices, positions, participants and transactions are simulated for demonstration purposes.

Demonstration
EnergyNortheast United StatesTHEORI-ENG-US-NE-WP27

Northeast Winter Peak Demand

Protection against an extreme winter demand event driven by prolonged low temperatures across the Northeast United States.

Contract details

Bid

10.2%

Provide capacity

Ask

10.9%

Buy protection

Spread

0.7 pts

Indicative market

Implied Probability

14.9%

Historical 13.1%

Available Capacity

$15.7M

$53M listed

Maturity

28 Feb 2027

1 December 2026 – 28 February 2027

Market Spread

0.7 pts

Indicative bid–ask

Indicative Market History

Illustrative pricing movement over the preceding six weeks.

Current indicative yield

10.9%

Range 9.7%–11.5%

01 Jul25 Jul14 Aug

Simulated Order Book

Indicative capacity available by premium rate.

RateCapacity
11.7%$2.7M
11.5%$2.2M
11.3%$1.7M
11.1%$1.3M
10.9%$800K
Indicative spread0.7 pts
10.2%$950K
10.0%$1.4M
9.8%$1.9M
9.6%$2.3M
9.4%$2.9M

Recent Market Activity

Simulated transactions for demonstration.

TimeDirectionNotionalRate
12:24:18Protection$750K10.9%
12:18:42Capacity$1.2M10.2%
12:07:11Protection$500K10.8%
11:56:35Capacity$2M10.1%
11:43:08Protection$900K10.9%

Related Markets

Comparable exposures within the current market or region.

Contract Timeline

Market Open

Indicative trading

Observation

1 December 2026 – 28 February 2027

Verification

Independent weather and regional electricity-demand data

Settlement

28 Feb 2027