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 UK and the Netherlands 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 Coal Switching Price Indicators for 50% efficiency will be published in European Power Daily and European Gas Daily, while price indicators for both 45% and 50% efficiency will be published on European Power Alert and in Platts Market Data category EM.

Please send any feedback to power@platts.com and cc 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:

SYMBOLS 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