07 Sep 2015 | 01:31 UTC — London

SUBSCRIBER NOTE: Platts updates values in Dutch Coal Switching Price Indicator

Platts has updated values used to calculate the Dutch Coal Switching Price Indicator to reflect the Dutch government's plans to introduce from 2016 a tax exemption on coal-fired power plants with an efficiency of 38% or higher.

With the minimum efficiency requirement set to rise to 38% on January 1, 2016, and to 40% on July 1, 2017, the government will introduce a tax exemption from the coal tax in 2016 for plants which comply with the efficiency requirements.

Effective September 7, 2015, Platts has changed the Dutch coal tax value used in the Coal Switching Price Indicator to zero for dates in 2016 following analysis of minimum operating efficiencies of the Dutch coal-fired power plant fleet.

Further information can be found in the Platts European Electricity assessments and indexes methodology guide.