SUBSCRIBER NOTE: Platts to launch coal switching price indicators

Effective August 1, 2014, Platts will launch a daily coal switching price indicator (CSPI) for the the Netherlands and the UK calculating the threshold needed for gas prices to be more competitive than coal prices as input fuel in power generation. The CSPIs will be used for the month-ahead, quarter-ahead and year-ahead periods in each market and will include both 50% and 45% HHV gas-fired plant efficiency. The indicators will be calculated using Platts corresponding assessments for coal and EUAs, which are currently published in European Power Daily and Coal Trader International. The CSPIs will be published in European Power Daily and European Gas Daily, on European Power Alert and in Platts Market Data. Please send any feedback to power@platts.com and cc: to pricegroup@platts.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. The new symbols are as follows: EDCTM00 - Dutch Month-Ahead coal switching price 45% efficiency Eur/MWh; EDUTM00 - Dutch Month-Ahead coal switching price 50% efficiency Eur/MWh; EDCTQ00 - Dutch Quarter-Ahead coal switching price 45% efficiency Eur/MWh; EDUTQ00 - Dutch Quarter-Ahead coal switching price 50% efficiency Eur/MWh; EDCTY00 - Dutch Year-Ahead coal switching price 45% efficiency Eur/MWh; EDUTY00 - Dutch Year-Ahead coal switching price 50% efficiency Eur/MWh; EUCTM00 - UK Month-Ahead coal switching price 45% efficiency Eur/MWh; EUCVM00 - UK Month-Ahead coal switching price 45% efficiency p/th; EUKTM00 - UK Month-Ahead coal switching price 50% efficiency Eur/MWh; EUKVM00 - UK Month-Ahead coal switching price 50% efficiency p/th; EUCTQ00 - UK Quarter-Ahead coal switching price 45% efficiency Eur/MWh; EUCVQ00 - UK Quarter-Ahead coal switching price 45% efficiency p/th; EUKTQ00 - UK Quarter-Ahead coal switching price 50% efficiency Eur/MWh; EUKVQ00 - UK Quarter-Ahead coal switching price 50% efficiency p/th; EUCTY00 - UK Year-Ahead coal switching price 45% efficiency Eur/MWh; EUCVY00 - UK Year-Ahead coal switching price 45% efficiency p/th; EUKTY00 - UK Year-Ahead coal switching price 50% efficiency Eur/MWh; EUKVY00 - UK Year-Ahead coal switching price 50% efficiency p/th.