SUBSCRIBER NOTE: Platts to replace Dutch, Belgian power price assessments with exchange data

Following industry consultation S&P Global Platts has decided to discontinue its weekly Belgian and Dutch power assessments from March 5, 2018 and replace the assessments with daily ICE settlement prices as the European power market has further evolved towards exchange-cleared OTC and exchange-based derivatives trading, thereby reducing the requirement for independent OTC price assessments. The last day of publication of the weekly assessment will be Wednesday February 28, 2018.

Platts remains committed to providing quality market information in all European power markets and will continue reporting on the above markets' activity, news, events and policy as appropriate.

All affected codes and symbols are listed below. Associated monthly average symbols in Market Data category EE and dynamic symbols in Market Data category PE will be discontinued along with the associated spark and clean spark spreads published in European Power Daily, on European Power Alert pages 640, 642, 662 and 664 and in Market Data category EM.

Affected publications are Platts European Power Daily, European Power Alert pages 71 (Netherlands and Belgium) and Market Data category EE.

Platts continues to invite comments and queries to power@spglobal.com with copy to pricemethodology@spglobal.com.

Platts Dutch Weekly Assessments (Eur/MWh)

Date Base Month ahead AADMN00 Quarter ahead AADNA00 Year ahead AADNI00 Year ahead + 1 AAETK00

Platts Belgian Weekly Assessments (Eur/MWh)

Date Base Month ahead AAMLZ00 Quarter ahead AAMMF00 Year ahead AAMMI00 Year ahead + 1 BPWEY02

Platts Weekly Spark and Clean Spark Spreads

Spark spread Clean spark 45% Eff 50% Eff 45% Eff 50% Eff

Dutch (Eur/MWh) Month ahead DEHMA00 AAOAC00 DEIMA00 CDFMA00 Quarter ahead DEHQ100 DEFQ100 DEIQ100 CDFQ100 Year ahead DEHYA00 DEFYA00 DEIYA00 CDFYA00

Belgian (Eur/MWh) Month ahead BEHM100 AAOAA00 BEIM100 CBFMA00 Quarter ahead BEHQ100 BEFQ100 BEIQ100 CBFQ100