Mibgas

Price

Day Ahead ES - 03/10

36,46 €/MWh
2,27 €/MWh
5,9%
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 - Nov

38,36 €/MWh
- €/MWh
- %
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 - 03/10

36,63 €/MWh
2,28 €/MWh
5,9%
PVB PVB-TTF 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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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
03/10
36,46
MIBGAS PVB
Average Price Index
(API) Day Ahead
03/10
37,56
Product
Delivery
Price (€/MWh)
 
 
 
Within-day
02/10
36,34
04/10
36,44
 
05/10
36,25
 
Weekend
07/10 - 08/10
35,98
Balance of month
October 2023
37,05
December 2023
43,18
 
January 2024
45,01
 
Q2 2024
43,47
 
Q3 2024
44,03
 
Q4 2024
46,67
 
Winter 2024
47,29
 
Summer 2025
40,21
 
2025
42,46
 

News

First trade of the new MIBGAS product indexed to TTF
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
MIBGAS contract linked to TTF will be launched on September 12
This contract is physically settled at PVB and accepted for registration, clearing and settlement at OMIClear
07/09/2023
Axpo Iberia and Engie España appointed as voluntary market makers at MIBGAS
Both companies will provide this service during the second half of 2023
03/07/2023
MIBGAS now has new rules to strengthen the gas market
The Boletín Oficial del Estado (BOE) has just published the resolution with the new rules
16/06/2023
Presentation of the new products for trading on MIBGAS platform
Around 150 people attended the event at which these trading tools were presented
08/06/2023
Calls for market maker services in MIBGAS Derivatives
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
Calls for market maker services
MIBGAS is launching the selection process for the second semester of 2023.
16/05/2023
MIBGAS publishes its 2022 annual report
Throughout 2022, MIBGAS continued to pursue its firm intention of consolidating its position as Europe’s benchmark organised market
30/03/2023
MIBGAS is registered as a guarantee of origin holder
It is authorised as such on the Enagás GTS renewable gases platform
17/03/2023