Platts propose UK dark and clean dark spread assessment launch

To reflect the role coal-fired generation plays in the UK energy mix, Platts is proposing to launch the following daily dark and clean dark spread assessments, effective April 1, 2013: month-ahead, month-ahead + 1, quarter-ahead, quarter-ahead + 1 and season-ahead. The formula for dark spreads would use an energy conversion factor of 7.1 (converting 1 metric ton of coal into MWh) and a fuel efficiency factor of 35%. The formula for clean dark spreads would use the same energy conversion and fuel efficiency factors and a carbon intensity factor of 0.96. The assessments would be published in Platts European Power Daily, Coal Trader International, on Platts European Power Alert and in Platts Market Data. Please send any questions or feedback to power@platts.com and cc: to pricegroup@platts.com by March 18, 2013.