Mibgas

Price

Day Ahead ES - 06/06

27,84 €/MWh
4,63 €/MWh
20,0%
Last Price (€/MWh) of the PVB daily product with delivery on the next working day (Day Ahead). In case there is no Last Price for that session and product, the previous available price will be published. 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). In case there is no Last Price for that session and product, the previous one available will be shown. 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 - July

27,98 €/MWh
4,74 €/MWh
20,4%
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 Portuguese Market Rules. Data update at 6:00 p.m.

VTP: Portuguese Virtual Balancing Point

Price

Day Ahead PT - 06/06

- €/MWh
- €/MWh
- %
PVB LNG/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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Price (€/MWh) calculated according to the internal assessment carried out by MIBGAS based on the trading session results.

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.

- PVB: Spanish Virtual Balancing Point
- 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
06/06
27,84
MIBGAS PVB
Average Price Index
(API) Day Ahead
06/06
27,24
Product
Delivery
Price (€/MWh)
 
 
 
Within-day
05/06
27,87
07/06
27,70
 
08/06
27,80
 
Weekend
10/06 - 11/06
27,90
Balance of month
June 2023
27,80
August 2023
28,60
 
September 2023
27,10
 
Q4 2023
35,29
 
Q1 2024
40,92
 
Q2 2024
38,84
 
Summer 2024
39,17
 
Winter 2024
43,76
 
2025
39,60
 

News

MIBGAS is launching the selection process for the second semester of 2023 for PVB and PVB-TTF long term products and TVB and AVB short term products.
16/05/2023
MIBGAS is launching the selection process for the second semester of 2023.
16/05/2023
Throughout 2022, MIBGAS continued to pursue its firm intention of consolidating its position as Europe’s benchmark organised market
30/03/2023
It is authorised as such on the Enagás GTS renewable gases platform
17/03/2023
Auctions on request could be a tool for their negotiation
14/03/2023
From today, two new indices are MIBGAS PVB Last Price Index (LPI) Day-Ahead and MIBGAS PVB Average Price Index (API) Day-Ahead
09/02/2023
At the suggestion of an initiating agent, the auctions closed with a total purchase of 136 GWh
19/01/2023
Both companies will provide this service during the first half of 2023
18/01/2023
The increase with respect to 2021 was 67%.
12/01/2023