SUBSCRIBER NOTE: Platts to add Spanish PVB spot gas assessments

Following industry consultation, S&P Global Platts has decided to expand the daily Spanish PVB price assessments from October 1, 2018.

Platts will add a day-ahead and a weekend contract to the current Spanish PVB assessments, which will be published on European Power Alert page 0823, on Natural Gas Alert page 0056, in Platts Market Data category EG and in European Gas Daily.

The initial assessments will be published in Eur/MWh with the following currency and unit conversions: pence/therm, $/MMBTu and Eur/Gj.

The day-ahead contract will be assessed daily on UK workdays.

The weekend contract will be assessed on Fridays or the last UK working day of the week in the event of a public holiday.

Platts will use both day-ahead and weekend prices to form a continuous flow-date series.

Platts will also publish corresponding spark spreads and clean spark spreads with 45% and 50% efficiency for the Spanish day-ahead contract.

Platts will also produce day-ahead flow-date and trade-date monthly averages for the Spanish PVB spot, in line with its offering in other European hubs.

Platts continues to invite comments and queries to power@spglobal.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 available comments not marked as confidential upon request.