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About Commodity Insights
01 Oct 2018 | 10:40 UTC — London
Effective October 1, 2018, S&P Global Platts has expanded the daily Spanish PVB natural gas price assessments by adding a day-ahead and weekend contract.
The Day-ahead contract is assessed daily during the work week, while the Weekend contract is assessed weekly on the last working day of the week. Both assessments are 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 are published in Eur/MWh with the following currency and unit conversions: pence/therm, $/MMBtu and Eur/Gj. Platts will also publish monthly average prices for the day-ahead contract, using the same conversions and will include $/1,000 cu m.
In addition, Platts has also started publishing Spanish day-ahead spark spreads and clean spark spreads with 45% and 50% efficiency, which are published on European Power Alert page 0829 and 0827 and on Natural Gas Alert page 0059 and 0060.
A list of the new codes are listed below:
Eur/MWh p/th $/MMBtu Eur/Gj Spanish PVB Day-Ahead GAPGA00 GAPGB00 GAPGC00 GAPGD00 Spanish PVB Day-Ahead+1 GAPHA00 GAPHB00 GAPHC00 GAPHD00 Spanish PVB Day-Ahead+2 GAPIA00 GAPIB00 GAPIC00 GAPID00 Spanish PVB Weekend GAPWA00 GAPWB00 GAPWC00 GAPWD00 Spanish PVB Day-Ahead FDt GAPGA21 GAPGB21 GAPGC21 GAPGD21
Month-averages Eur/MWh p/th $/MMBtu $/1000 cu m Eur/Gj Spanish PVB Day-Ahead MAvg GAPGA03 GAPGB03 GAPGC03 GAPGE03 NA Spanish PVB Day-Ahead FDt MAvg GAPGA05 GAPGB05 GAPGC05 GAPGE05 GAPGD05
Spark spreads
Eur/MWh 45% efficiency 50% efficiency Spanish Day-Ahead Spark Spread PVSPA00 PVSPB00 Spanish Day-Ahead Clean Spark Spread PVCSA00 PVCSB00
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 comments not marked as confidential available upon request.