{"index":"NPPI","release":"Q2 2026","publishedHeadlineMwh":97,"yoyPct":18,"computed":{"headline_mwh":97,"lenses":{"inclusive":97,"concentrationCapped":99.9,"verifiedOnly":98.1},"confidenceBand":{"low":92.4,"high":107.3,"basis":"capped weights × per-deal low/high ends"},"pricedDeals":5,"verifiedPricedDeals":4,"concentration":{"capPct":20,"distinctCounterparties":4,"topCounterparty":"Meta","topCounterpartyUncappedSharePct":52.5,"topDateCluster":"2026-01-09","topDateUncappedSharePct":36.7,"capFloorPct":25,"note":"Uncapped, Meta carries ~52.5% of headline weight and the 2026-01-09 cluster ~36.7%. The 20% cap pulls the top counterparty down to ~25% (it can't go below 1/4 — there are only 4 priced counterparties)."},"crossLensSpreadMwh":2.9,"robust":true},"interpretation":"Headline $97/MWh holds across three lenses (inclusive $97 · concentration-capped $99.9 · verified-only $98.1). One row cannot move it.","methodology":"Headline = MW-weighted average of priced deals (mwh_low/mwh_high midpoints). We additionally publish a concentration-capped lens (no single counterparty or single calendar-date cluster exceeds 20% of weight) and a verified-only lens (only deals with verificationStatus='verified'), plus a confidence band from each deal's low/high ends. 0% of NPPI is disclosed pricing — every input is back-calculated from public filings. Full per-deal back-calc inputs and sources: /intelligence/methodology.","disclaimer":"Estimate from PUBLIC comparables; not a quote. Sharpen it: contribute a real strike at /intelligence/contribute (confidential — only the blind aggregate is ever published).","contributeUrl":"/intelligence/contribute","methodologyUrl":"/intelligence/methodology","source":"Reactor N — Nuclear PPA Price Index","lastUpdated":"2026-07-21T13:12:30.881Z"}