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12 Jan 2015 | 11:25 UTC — London
Please note the Platts calculation for the Quarter-Ahead UK Coal Switching Price was published incorrectly from January 2-7.
The formula for Q2 2015 was incorrectly applying a CPS (carbon price support) levy of GBP9.55/mt. This has been amended to GBP18.08/mt.
The prices should have been calculated as: Date 45% Eff Eur/MWh 45% Eff p/th 50% Eff Eur/MWh 50% Eff p/th Jan 2 17.48 40.00 20.05 45.88 Jan 5 17.05 39.14 19.56 44.90 Jan 6 16.83 38.76 19.32 44.49 Jan 7 16.72 38.40 19.20 44.10 The Coal Switching Price Indicator calculations appear in European Power Daily, European Gas Daily and on EPA, and in the Platts price database under codes EUCTQ00 (45% Efficiency Eur/MWh), EUCVQ00 (45% Efficiency p/th), EUKTQ00 (50% Efficiency Eur/MWh), EUKVQ00 (50% Efficiency p/th).