SUBSCRIBER NOTE: Platts proposes European generating fuel spread indicator methodology revision

In light of a decision to discontinue its European power price assessments, S&P Global Platts intends to update its methodology for calculating European dark, spark, clean dark and clean spark spreads and generating fuel cost comparisons to include daily European electricity settlement prices from the European Energy Exchange (EEX) and the Iberian Derivatives Exchange (OMIP) from May 29, 2018.

Platts is proposing to replace Platts OTC German, French and Italian price assessments with European electricity settlement prices from EEX in those calculations.

The electricity settlement prices from OMIP would replace the use of Platts OTC Spanish price assessments in those calculations.

Platts dark and clean dark spreads are published in European Power Daily, in Coal Trader International, on European Power Alert pages EP0220, EP0222 and EP0226, on Global Coal Alert pages GC900, GC0902 and GC0906 and in Platts Market Data category CI.

Platts spark and clean spark spreads are published in European Power Daily, in European Gas Daily, on European Power Alert pages EP0233, EP0233 EP0645, EP0641, EP0660, EP0662, EP0664, EP0668 and EP0827, EP0829 and on Natural Gas Alert pages NG0059, NG0060, NG0853, NG0812, NG0813, NG0824, NG0829, NG0834, NG0835 and NG0854, and in Platts Market Data category EM.

Platts Generating fuel cost comparisons are published in European Power Daily and European Gas Daily on European Power Alert page EP0502, EP0503 and in EE Market Data.

Platts invites comments and questions by May 17 to power@spglobal.com and coal@platts.com with copy to 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.