01 Sep 2021 | 13:59 UTC

Platts introduces German THE hub month-ahead assessment, NCG & GASPOOL month-aheads discontinued

S&P Global Platts has introduced the German THE natural gas hub month-ahead assessment to its suite of European gas assessments, while at the same time, discontinuing the equivalent NetConnect Germany and GASPOOL month-ahead assessments, effective Sept. 1.

The new THE month-ahead assessments will be available on the European Power Alert Fixed Page EP0802 as well as the Natural Gas Alert Fixed Page NG0802, as well as the conversions from Eur/MWh to pence/therm, $/MMBtu, and Eur/Gj.

The NCG and GASPOOL Fixed Pages will continue to show day-ahead and weekend assessments through until Sept. 29, when the THE day-ahead and weekend assessments will be introduced and the legacy NCG and GASPOOL equivalents will be discontinued.

The monthly averages for the THE month-ahead contract will be introduced and will be found on EP0866 and EP0867 from Oct. 1 onwards, including conversions into p/th, $/MMBtu, Eur/Gj, and $/1,000 cu m.

For further questions or feedback, please e-mail power@spglobal.com and pricegroup@spglobal.com.

German THE symbols introduced

Eur/MWh Eur/Gj p/th $/MMBtu $/1000 cu m

Month-ahead GTHTM00 GTHUM00 GTHVM00 GTHWM00 NA

Month-ahead MAvg GTHTM03 GTHUM03 GTHVM03 GTHWM03 GTHZM03

German NCG symbols to be discontinued

Eur/MWh Eur/Gj p/th $/MMBtu $/1000 cu m

Month-ahead GERTM00 GERUM00 GERVM00 GERWM00 NA

Month-ahead MAvg GERTM03 GERUM03 GERVM03 GERWM03 GERZM03

German GASPOOL symbols to be discontinued

Eur/MWh Eur/Gj p/th $/MMBtu $/1000 cu m

Month-ahead GBBTM00 GBBUM00 GBBVM00 GBBWM00 NA

Month-ahead MAvg GBBTM03 GBBUM03 GBBVM03 GBBWM03 GBBZM03