Mibgas

Price

Day Ahead ES - 07/12

36,17 €/MWh
0,25 €/MWh
0,7%
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 Spanish Market Rules. Data is updated at 18:00h.

PVB: Spanish Virtual Trading Point

Price

Month Ahead ES - Jan

37,00 €/MWh
1,85 €/MWh
5,3%
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 Portuguese Market Rules. Data update at 6:00 p.m.

VTP: Portuguese Virtual Balancing Point

Price

Day Ahead PT - 07/12

36,27 €/MWh
0,31 €/MWh
0,9%
PVB 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 Spanish and Portuguese Market Rules. 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
- TVB: Spanish Virtual Balancing Tank
- AVB: Spanish Virtual Balancing Storage
- VTP: Portuguese Virtual Balancing Point
- 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.
Index
Delivery
Price (€/MWh)
 
 
 
MIBGAS PVB
Last Price Index
(LPI) Day Ahead
07/12
36,17
MIBGAS PVB
Average Price Index
(API) Day Ahead
07/12
36,76
Product
Delivery
Price (€/MWh)
 
 
 
Within-day
06/12
36,55
08/12
36,55
 
09/12
36,40
 
Weekend
09/12 - 10/12
36,43
Balance of month
December 2023
36,41
February 2024
37,49
 
March 2024
37,39
 
Q2 2024
36,65
 
Q3 2024
36,70
 
Q4 2024
40,04
 
Winter 2024
40,79
 
Summer 2025
35,56
 
2025
37,35
 

News

Monthly futures products (M+1, M+2 and M+3) with physical delivery, traded and settled at a fixed price, and are available for trading
24/10/2023
It now includes new products and the price indices defined by MIBGAS in its methodology.
10/10/2023
This action plan arises from a collaboration with the University of Alcalá de Henares and complements and expands actions was already being taken
27/09/2023
The first trade registered yesterday was for the gas contract with delivery in the month ahead. 5 MWh/day matched at a spread of -0.3 €/MWh
13/09/2023
This contract is physically settled at PVB and accepted for registration, clearing and settlement at OMIClear
07/09/2023
The market operator launchs two new courses: basic and advanced level
21/08/2023
18.8 TWh were negotiated in MIBGAS platform in June
06/07/2023
MIBGAS has just implemented the necessary changes in its application
05/07/2023
Both companies will provide this service during the second half of 2023
03/07/2023