Platts proposes to launch UK power day-ahead Block 1+2 assessments

Platts, part of S&P Global Commodity Insights, proposes to launch a UK power day-ahead Block 1+2 assessment, effective April 3.

Block 1+2 reflects overnight power supply from 11 pm UK time to 7 am and will be an expansion of the current assessed UK day-ahead Baseload, Peakload and Block 5.

The new price assessment will reflect the prevailing day-ahead value, in GBP/MWh and Eur/MWh, for delivery before the 9.20 am London market close, and be published on a daily basis for UK working days only.

The rest of the methodology will mirror the parameters for other day-ahead assessments, described in the European Electricity specifications guide, which can be found here: https://www.spglobal.com/commodityinsights/plattscontent/_assets/_files/en/our-methodology/methodology-specifications/european_power_methodology.pdf

Platts invites any questions and feedback to power@spglobal.com and pricegroup@spglobal.com.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.

Platts will consider all comments received and will make comments not marked as confidential available upon request.