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10 Jul 2014 | 05:46 UTC — New York
Platts will launch Coal Switching Price Indicators (CSPI) for UK and The Netherlands For each market, the indicators will be published for Month Ahead, Quarter Ahead and Year Ahead and for both 50% and 45% HHV gas fired plant efficiency. The coal and European unit allowance (EUA) prices used in the calculation are the corresponding Platts price assessment published on European Power Daily and International Coal Trader. The value of each single calculation will be expressed in EUR/MWh and p/th for the UK and EUR/MWh for the Netherlands.
CSPI indicate what is the threshold needed for gas prices to be more competitive than coal price as input fuel in power generation. The indicators will be published on European Power Daily and European Gas Daily.
Launch date is scheduled for August 1, 2104
p/th