SUBSCRIBER NOTE: Platts clarifies UK peakload power day-ahead assessment process

Platts has updated its European Electricity methodology and specifications guide to clarify the assessment process for UK day-ahead peakload power.

In the event of no confirmed peakload UK day-ahead trades before the 11:00 am London time market close, Platts will assess the implied value of the day-ahead peakload contract using OTC prices for Block 3+4 (07:00-15:00) and Block 5 (15:00-19:00).