Mibgas

Price

Day Ahead ES - 22/10

39,61 €/MWh
0,70 €/MWh
1,8%
Last Price (€/MWh) of the PVB daily product with delivery on the next working day (Day Ahead). The variation of this price with respect to the previous one is also indicated. Trading sessions in business days.

Last Price (€/MWh) of the Month Ahead PVB product with delivery the following month (M+1). The variation of this price with respect to the previous one is also indicated.

Calculation methodology according to the Market Instruction - Last price methodology. Data is updated at 6:00 p.m.

PVB: Spanish Virtual Trading Point

Price

Month Ahead ES - Nov

39,38 €/MWh
0,63 €/MWh
1,6%
Last Price (€/MWh) of the VTP daily product with delivery on the next working day (Day Ahead). The variation of this price with respect to the previous one is also indicated. Trading sessions in business days.

Calculation methodology according to the Market Instruction - Last price methodology. Data is updated at 6:00 p.m.

VTP: Portuguese Virtual Balancing Point

Price

Day Ahead PT - 22/10

39,52 €/MWh
1,09 €/MWh
2,8%
PVB PVB-LPI PVB-TTF TVB AVB VTP MIBGAS PVB Last Price Index (LPI) Day Ahead (€/MWh): Index calculated per gas day from the Last Price of the last trading session of the Day Ahead or Weekend products with delivery in the PVB, depending on the delivery day.

MIBGAS PVB Average Price Index (API) Day Ahead (€/MWh): Index calculated per gas day from the Reference Price of the last trading session, of the Day Ahead or Weekend products with delivery at the PVB, according to the delivery day.

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Last Price (€/MWh) of each product for the last trading session. Graphs show the evolution of the Last Price (€/MWh) for each product and trading session over the past 31 days.

Last Price calculation methodology according to the Market Instruction - Last price methodology. Data update at 6:00 p.m., except for the Within-day product with delivery in the PVB and in the VTP which is updated at 9:30 p.m.

- PVB: Spanish Virtual Balancing Point
- PVB-LPI: products with physical delivery at the PVB (Spanish Virtual Balancing Point), whose price is indexed to the MIBGAS PVB Last Price Index (LPI) Day Ahead plus the matched spread on the screen
- PVB-TTF: products with physical delivery at the PVB (Spanish Virtual Balancing Point), whose price is indexed to the TTF (Title Transfer Facility, dutch virtual trading point) plus the matched spread on the screen
- TVB: Spanish Virtual Balancing Tank
- AVB: Spanish Virtual Balancing Storage
- VTP: Portuguese Virtual Balancing Point
Index
Delivery
Price (€/MWh)
 
 
 
MIBGAS PVB
Last Price Index
(LPI) Day Ahead
22/10
39,61
MIBGAS PVB
Average Price Index
(API) Day Ahead
22/10
39,56
Product
Delivery
Price (€/MWh)
 
 
 
Within-day
21/10
40,62
23/10
39,43
 
24/10
39,54
 
Weekend
26/10 - 27/10
38,98
Balance of month
October 2024
39,41
December 2024
39,90
 
January 2025
40,09
 
Q2 2025
38,20
 
Q3 2025
37,90
 
Q4 2025
37,88
 
Winter 2025
38,02
 
Summer 2026
31,52
 
2026
33,40
 

News

86.4 GWh matched in a new auction of the PVB-TTF Nov 2024 indexed product
This type of product is a non-financial contract with physical delivery of the gas in the Spanish PVB
04/10/2024
MIBGAS registers as a gas price benchmark administrator with the CNMV
These benchmarks can be used in both physical and financial gas asset transfer contracts
03/10/2024
276 GWh matched in a new auction of the PVB-LPI Q4 indexed product
The price of this type of product is referenced to the daily price of MIBGAS (LPI or Last Price Index Day Ahead), plus a differential or spread
26/09/2024
New Monthly LNG Contract Transactions
These contracts, with physical delivery at the virtual balancing tank (TVB), allow the purchase and sale of LNG at a fixed price
01/08/2024
Axpo, Cepsa and MET, new market makers in gas futures and LNG products
The three companies will perform this role over the next six months to promote the new products on MIBGAS Derivatives
01/07/2024
MIBGAS organises a meeting on renewable hydrogen
The event is part of the celebration of the 50th session of its Market Agents Committee
18/06/2024
MIBGAS participates in the 50th annual meeting of Sedigas
Raúl Yunta highlighted the role of MIBGAS as a nexus for the supply and demand of renewable hydrogen
30/05/2024
Second meeting of the hydrogen working group
MIBGAS brought together more than 50 players from the gas system in a new meeting to assess the price of hydrogen
29/05/2024
642 GWh awarded in three auctions upon request
This morning MIBGAS Derivatives held three auctions of PVB-LPI indexed futures products
07/05/2024