Coal, LNG, Natural Gas, Electric Power, Nuclear

January 02, 2026

Platts updates Conventional Energy Index component weightings for 2026

Platts, part of S&P Global Energy, has updated 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, have been updated based on the latest annual consumption data for 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 SourcePrevious 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 FactorPrevious WeightingNew Weighting (from 2026)
Dated BrentPCAAS00$/b5.818.5%18.50%
Dubai M1PCAAT00$/b5.818.5%18.50%
Dutch TTF Month AheadGTFWM10$/MMBtu19%9%
Henry Hub Flow DateIGBBL21$/MMBtu19%9%
LNG Japan/Korea DES (JKM)AAOVQ00$/MMBtu19%9%
NEATJKTCA00$/mt27.7831%30%
Uranium U308 Spot Canada M1AFUEM01$/lb1805%6%

Platts communicated the decision to make the above changes in a subscriber note Dec. 1, 2025, here.

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

Please send any feedback or questions to pricegroup@spglobal.com.

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