02 Apr 2013 | 07:41 UTC — London

Subscriber note: UK dark, clean dark spreads launched

Following a period of consultation, Platts has launched the following daily dark and clean dark spread assessments, effective April 2, 2013: month-ahead, month-ahead + 1, quarter-ahead, quarter-ahead + 1 and season-ahead. The formula for dark spreads uses 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 uses the same energy conversion and fuel efficiency factors and a carbon intensity factor of 0.96. The assessments have been 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.