Mibgas

Price

Day Ahead ES - 27/03

39,72 €/MWh
0,65 €/MWh
1,6%
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 - Apr

39,52 €/MWh
0,93 €/MWh
2,3%
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 - 27/03

40,25 €/MWh
0,71 €/MWh
1,7%
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
27/03
39,72
MIBGAS PVB
Average Price Index
(API) Day Ahead
27/03
39,92
Product
Delivery
Price (€/MWh)
 
 
 
Within-day
26/03
39,69
28/03
39,85
 
29/03
39,54
 
Weekend
29/03 - 30/03
39,85
Balance of month
March 2025
39,70
May 2025
39,75
 
June 2025
40,06
 
Q3 2025
40,67
 
Q4 2025
40,15
 
Q1 2026
38,92
 
Winter 2025
39,54
 
Summer 2026
32,88
 
2027
28,42
 

News

1000 MWh/d matched in two news auctions of the PVB CAL 2026 and CAL 2027
MIBGAS Derivatives has held two auctions in which a total of 1000 MWh/d at 35,69 €/MWh and 28,77 €/MWh have been awarded
21/03/2025
1200 MWh/d matched in a new auction of the PVB-LPI Q4 2025
MIBGAS Derivatives has held another auction in which a total of 1200 MWh/d at €0,07/MWh have been awarded
21/02/2025
MIBGAS IBHYX, the first Iberian renewable hydrogen price index is published starting today
The IBHYX index reflects a production price for 100% renewable hydrogen of 5.85 €/kg (148.36 €/MWh)
16/12/2024
200 MWh/d matched in a new auction of the Y+1
MIBGAS Derivatives has held another auction in which a total of 200 MWh/d at €43.32/MWh have been awarded for the Cal25 product (PVB).
11/12/2024
200 MWh/d matched in a new auction of the PVB_25
MIBGAS Derivatives has held another auction in which a total of 200 MWh/d at €45.50/MWh have been awarded for the Cal25 product (PVB).
03/12/2024
MIBGAS and DH2 Energy launch the first renewable hydrogen auction on the iberian market
The gas market operator has opened the auction process for the purchase of renewable hydrogen from Hysencia plant
14/11/2024
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