Coal, LNG, Natural Gas, Electric Power, Nuclear

December 01, 2025

Platts to update Conventional Energy Index component weightings for 2026

Platts, part of S&P Global Energy, will update the weightings for some components under its Conventional Energy Index, following a review of the available statistics, effective Jan 2, 2026.

The index reflects the physical prices of the 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, will be updated based on the latest annual consumption data (i.e. for year 2024) of the four energy sources published by Energy Institute in its 2025 Statistical Review of World Energy.

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 SourceCurrent WeightingNew Weighting (from 2026)
Crude Oil37%37%
Gas (including LNG)27%27%
Coal31%30%
Nuclear5%6%

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.

AssessmentSymbolCurrency/Unit of MeasureConversion FactorCurrent WeightingNew Weighting (from 2026)
Dated BrentPCAAS00$/b5.818.5%18.50%
Dubai M1PCAAT00$/b5.818.5%18.50%
Dutch TTF Month AheadGTFWM10$/MMBtu19%9%
Henry HubFlow DateIGBBL21 $/MMBtu19%9%
LNG Japan/Korea DES (JKM)AAOVQ00$/MMBtu19%9%
NEATJKTCA00$/MT27.7831%30%
Uranium U308 Spot Canada M1AFUEM01$/lb1805%6%

Full details about the calculations and methodology of the index can be found in the Global Commodity Indices Specifications Guide here.

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