SUBSCRIBER NOTE: Platts proposes adding Spanish PVB spot gas assessments

S&P Global Platts is seeking feedback on a proposal to expand the daily Spanish PVB gas price assessments from October 1, 2018.

Platts is proposing to add Day-ahead and a weekly Weekend contract to the current Spanish PVB assessments, which would be published on European Power Alert page 0823, on Natural Gas Alert pages 0056, in Platts Market Data category EG and in European Gas Daily.

The initial assessments would be published in Eur/MWh with the following currency and unit conversions: pence/therm, $/MMBTu and Eur/Gj. The day-ahead contract would be assessed daily on UK workdays. The weekly weekend contract would be assessed on Fridays or the last working day of the week in the event of a public holiday.

In addition, Platts is proposing to also publish corresponding spark spreads and clean spark spreads with 45% and 50% efficiency for the Spanish Day-ahead contract.

Platts invites comments and queries to power@spglobal.com with copy to pricemethodology@spglobal by August 10 2018.

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 available comments not marked as confidential upon request.