Platts launches UK power day-ahead Block 1+2 assessment

Platts, part of S&P Global Commodity Insights, has launched a UK power day-ahead Block 1+2 assessment, effective May 2, 2023.

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

The new price assessment reflects the prevailing day-ahead value, in GBP/MWh and Eur/MWh, for delivery before the 9:20 am London market close, and is published on a daily basis for UK working days only. Platts first proposed the new assessment in a subscriber note published Feb. 23, which can be found here.

The rest of the methodology mirrors the parameters for other day-ahead assessments, described on pages 2-3 of the European Electricity specifications guide found here.

Symbol Description

ABLOB00 UK GTMA Day-Ahead Block 1+2 Eur/MWh

ABLOB03 UK GTMA Day-Ahead Block 1+2 Eur/MWh MAvg

ABLOA00 UK GTMA Day-Ahead Block 1+2 GBP/MWh

ABLOA03 UK GTMA Day-Ahead Block 1+2 GBP/MWh MAvg

UK power day-ahead Block 1+2 is published on Platts Dimensions Pro and fixed pages PEP0041 every working day in the UK.

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.