S&P Global Offerings
Featured Topics
Featured Products
Events
S&P Global Offerings
Featured Topics
Featured Products
Events
S&P Global Offerings
Featured Topics
Featured Products
Events
S&P Global Offerings
Featured Topics
Featured Products
Events
Solutions
Capabilities
Delivery Platforms
News & Research
Our Methodology
Methodology & Participation
Reference Tools
Featured Events
S&P Global
S&P Global Offerings
S&P Global
Research & Insights
Solutions
Capabilities
Delivery Platforms
News & Research
Our Methodology
Methodology & Participation
Reference Tools
Featured Events
S&P Global
S&P Global Offerings
S&P Global
Research & Insights
Coal, Natural Gas, Electric Power, Nuclear
November 01, 2024
Platts, part of S&P Global Commodity Insights, will maintain current weightings for all components under the Platts Conventional Energy Index [ANVEA00] for 2025, following a review of available statistics.
The index reflects the physical prices of global primary energy mix from conventional energy sources such as oil, gas, coal and nuclear. The weightings for these primary energy sources, shown in the table below, remain unchanged and are based on "Global Primary Energy Consumption by Fuel" for year 2023 from Energy Institute Statistical Review of World Energy (2024). The index weightings reflect the proportion of global energy consumption by source, excluding renewables. The weightings are reviewed annually to keep the index representative of global supply and demand trends.
Energy Source | Weighting |
Crude Oil | 37% |
Gas (including LNG) | 27% |
Coal | 31% |
Nuclear | 5% |
The following table describes the components of the Conventional Energy Index, symbols, currencies, the units of measurement and the conversion factors used, where relevant, and the respective weightings.
Assessment | Symbol | Currency/UoM | Conversion Factor | Weighting |
Dated Brent | PCAAS00 | $/b | 5.8 | 18.50% |
Dubai M1 | PCAAT00 | $/b | 5.8 | 18.50% |
Dutch TTF Month Ahead | GTFWM10 | $/MMBtu | 1 | 9% |
GIA North America by Flow Date | IGOAA21 | $/MMBtu | 1 | 9% |
LNG Japan/Korea DES (JKM) | AAOVQ00 | $/MMBtu | 1 | 9% |
NEAT | JKTCA00 | $/MT | 27.78 | 31% |
Uranium U308 Spot Canada M1 | AFUEM01 | $/lb | 180 | 5% |
More details about the calculations and methodology of the index can be found in the Platts Global Commodity Indices Specifications Guide at: https://www.spglobal.com/commodityinsights/PlattsContent/_assets/_files/en/our-methodology/methodology-specifications/global_commodity_indices.pdf?utm_medium=homepage/.
Please send any feedback or questions 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.