SUBSCRIBER NOTE: Platts launches Coal Switching Price Indicators

Effective August 1 2014, Platts publishes 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 45% and 50% high heating value (HHV) gas-fired plant efficiency. The indicators are 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 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.