Mibgas

Price

Day Ahead ES - 15/07

31,35 €/MWh
0,77 €/MWh
2,5%
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 - Aug

31,58 €/MWh
0,75 €/MWh
2,4%
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 - 15/07

30,55 €/MWh
0,13 €/MWh
0,4%
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
15/07
31,35
MIBGAS PVB
Average Price Index
(API) Day Ahead
15/07
31,02
Product
Delivery
Price (€/MWh)
 
 
 
Within-day
13/07
31,82
15/07
31,63
 
16/07
31,43
 
Weekend
13/07 - 14/07
31,37
Balance of month
July 2024
31,40
September 2024
32,58
 
October 2024
33,69
 
Q1 2025
37,64
 
Q2 2025
35,50
 
Q3 2025
35,34
 
Summer 2025
35,42
 
Winter 2025
37,02
 
2026
32,47
 

News

The three companies will perform this role over the next six months to promote the new products on MIBGAS Derivatives
01/07/2024
The event is part of the celebration of the 50th session of its Market Agents Committee
18/06/2024
Raúl Yunta highlighted the role of MIBGAS as a nexus for the supply and demand of renewable hydrogen
30/05/2024
MIBGAS brought together more than 50 players from the gas system in a new meeting to assess the price of hydrogen
29/05/2024
This morning MIBGAS Derivatives held three auctions of PVB-LPI indexed futures products
07/05/2024
MIBGAS has supported two entities dedicated to the recovery of degraded environments with the planting of native species
22/04/2024
The newsletter is now available on the website of the Iberian gas market operator
16/04/2024
Total trading on the MIBGAS Iberian gas market platform reached 158.1 TWh in 2023
21/03/2024
More than 30 actors and companies from the energy sector took part in this first meeting
06/03/2024