06 Aug 2014 | 02:43 UTC — New York

CIF NW Europe Industrial Wood Pellet assessment

Platts will launch a weekly spot market price assessment basis CIF Northwest Europe 17 GJ/t. The new assessment would be published in Coal Trader International, European Power Daily and Power in Europe.

Platts will reflect the value of typical shipments of pellets discharging in northwest Europe each business day. Prices would be assessed on a market on close (MOC) basis at 5pm London.

The assessment would reflect the price of wood pellets for delivery 7-45 days forward from the date of publication and would roll forward each day.

Platts will also publish weekly UK wood pellet spreads, which are indicative prices giving the average difference between the cost of wood pellets and the equivalent price of UK electricity on any given day at fuel efficiencies of 30%, 35% and 40%.

The pellet spreads are based on CIF Northwest Europe 45-day wood pellet assessments, the equivalent prompt UK power assessment, and the UK Levy Exemption Certificate (LEC) and Renewable Obligation Certificate (ROC) subsidy bandings for biomass power generation.

Launch date is August 15, 2014.

MDC
Symbol
Bates
Dec
Freq
Curr
UOM
Description
CI
IWPNW00
c
2
WA
USD
MT Wood Pellet Industrial CIF NW Europe 17 GJ/ton $/mt
CI
IWPNW03
c
2
MA
USD
MT Wood Pellet Industrial CIF NW Europe 17 GJ/ton $/mt MAvg
CI
IWPNW05
c
2
QR
USD
MT Wood Pellet Industrial CIF NW Europe 17 GJ/ton $/mt QAvg
CI
IWPEU00
c
2
WA
EUR
MT Wood Pellet Industrial CIF NW Europe 17 GJ/ton Eur/mt
CI
IWPEU03
c
2
MA
EUR
MT Wood Pellet Industrial CIF NW Europe 17 GJ/ton Eur/mt MAvg
CI
IWPEU05
c
2
QR
EUR
MT Wood Pellet Industrial CIF NW Europe 17 GJ/ton Eur/mt QAvg
CI
WPCT030
c
2
WA
EUR
MGW Wood Pellet Industrial Cost CIF NW Europe - adjusted 30% efficiency Eur/MWh
CI
WPCZ030
c
2
WA
GBP
MGW Wood Pellet Industrial Cost CIF NW Europe - adjusted 30% efficiency GBP/MWh
CI
WPCT035
c
2
WA
EUR
MGW Wood Pellet Industrial Cost CIF NW Europe - adjusted 35% efficiency Eur/MWh
CI
WPCZ035
c
2
WA
GBP
MGW Wood Pellet Industrial Cost CIF NW Europe - adjusted 35% efficiency GBP/MWh
CI
WPCT040
c
2
WA
EUR
MGW Wood Pellet Industrial Cost CIF NW Europe - adjusted 40% efficiency Eur/MWh
CI
WPCZ040
c
2
WA
GBP
MGW Wood Pellet Industrial Cost CIF NW Europe - adjusted 40% efficiency GBP/MWh
CI
WPSTC30
c
2
WA
EUR
MGW Wood Pellet Industrial Spread UK - Prompt 100% conversion 30% efficiency Eur/MWh
CI
WPSZC30
c
2
WA
GBP
MGW Wood Pellet Industrial Spread UK - Prompt 100% conversion 30% efficiency GBP/MWh
CI
WPSTC35
c
2
WA
EUR
MGW Wood Pellet Industrial Spread UK - Prompt 100% conversion 35% efficiency Eur/MWh
CI
WPSZC35
c
2
WA
GBP
MGW Wood Pellet Industrial Spread UK - Prompt 100% conversion 35% efficiency GBP/MWh
CI
WPSTC40
c
2
WA
EUR
MGW Wood Pellet Industrial Spread UK - Prompt 100% conversion 40% efficiency Eur/MWh
CI
WPSZC40
c
2
WA
GBP
MGW Wood Pellet Industrial Spread UK - Prompt 100% conversion 40% efficiency GBP/MWh
CI
WPSTD30
c
2
WA
EUR
MGW Wood Pellet Industrial Spread UK - Prompt 100% dedicated 30% efficiency Eur/MWh
CI
WPSZD30
c
2
WA
GBP
MGW Wood Pellet Industrial Spread UK - Prompt 100% dedicated 30% efficiency GBP/MWh
CI
WPSTD35
c
2
WA
EUR
MGW Wood Pellet Industrial Spread UK - Prompt 100% dedicated 35% efficiency Eur/MWh
CI
WPSZD35
c
2
WA
GBP
MGW Wood Pellet Industrial Spread UK - Prompt 100% dedicated 35% efficiency GBP/MWh
CI
WPSTD40
c
2
WA
EUR
MGW Wood Pellet Industrial Spread UK - Prompt 100% dedicated 40% efficiency Eur/MWh
CI
WPSZD40
c
2
WA
GBP
MGW Wood Pellet Industrial Spread UK - Prompt 100% dedicated 40% efficiency GBP/MWh
CI
WPSTP30
c
2
WA
EUR
MGW Wood Pellet Industrial Spread UK - Prompt 50-85% co-fired 30% efficiency Eur/MWh
CI
WPSZP30
c
2
WA
GBP
MGW Wood Pellet Industrial Spread UK - Prompt 50-85% co-fired 30% efficiency GBP/MWh
CI
WPSTP35
c
2
WA
EUR
MGW Wood Pellet Industrial Spread UK - Prompt 50-85% co-fired 35% efficiency Eur/MWh
CI
WPSZP35
c
2
WA
GBP
MGW Wood Pellet Industrial Spread UK - Prompt 50-85% co-fired 35% efficiency GBP/MWh
CI
WPSTP40
c
2
WA
EUR
MGW Wood Pellet Industrial Spread UK - Prompt 50-85% co-fired 40% efficiency Eur/MWh
CI
WPSZP40
c
2
WA
GBP
MGW Wood Pellet Industrial Spread UK - Prompt 50-85% co-fired 40% efficiency GBP/MWh
CI
WPSTF30
c
2
WA
EUR
MGW Wood Pellet Industrial Spread UK - Prompt 85-100% co-fired 30% efficiency Eur/MWh
CI
WPSZF30
c
2
WA
GBP
MGW Wood Pellet Industrial Spread UK - Prompt 85-100% co-fired 30% efficiency GBP/MWh
CI
WPSTF35
c
2
WA
EUR
MGW Wood Pellet Industrial Spread UK - Prompt 85-100% co-fired 35% efficiency Eur/MWh
CI
WPSZF35
c
2
WA
GBP
MGW Wood Pellet Industrial Spread UK - Prompt 85-100% co-fired 35% efficiency GBP/MWh
CI
WPSTF40
c
2
WA
EUR
MGW Wood Pellet Industrial Spread UK - Prompt 85-100% co-fired 40% efficiency Eur/MWh
CI
WPSZF40
c
2
WA
GBP
MGW Wood Pellet Industrial Spread UK - Prompt 85-100% co-fired 40% efficiency GBP/MWh
CI
WLSTL30
c
2
WA
EUR
MGW Wood Pellet Industrial Spread UK - Prompt =50% co-fired 30% efficiency Eur/MWh
CI
WLSZL30
c
2
WA
GBP
MGW Wood Pellet Industrial Spread UK - Prompt =50% co-fired 30% efficiency GBP/MWh
CI
WLSTL35
c
2
WA
EUR
MGW Wood Pellet Industrial Spread UK - Prompt =50% co-fired 35% efficiency Eur/MWh
CI
WLSZL35
c
2
WA
GBP
MGW Wood Pellet Industrial Spread UK - Prompt =50% co-fired 35% efficiency GBP/MWh
CI
WLSTL40
c
2
WA
EUR
MGW Wood Pellet Industrial Spread UK - Prompt =50% co-fired 40% efficiency Eur/MWh
CI
WLSZL40
c
2
WA
GBP
MGW Wood Pellet Industrial Spread UK - Prompt =50% co-fired 40% efficiency GBP/MWh
CI
UKROC03
c
2
MA
GBP
ROC Monthly Average UK ROC auction price GBP/ROC (Renewable Obligation Certificate)

GBP/ROC (Renewable Obligation Certificate)